Delta profit surges and releases strong outlook

Delta profit surges and releases strong outlook
FILE - In this Dec. 8, 2018, file photo, a worker fuels a Delta Connection regional airlines passenger jet at Logan International Airport in Boston. Delta Air Lines Inc. reports financial results Wednesday, April 10, 2019.(AP Photo/Bill Sikes, File)

ATLANTA (AP) — Delta is reporting a 30% profit surge from the first quarter and its outlook for the current quarter is pushing company shares higher before the opening bell.

The Atlanta carrier on Wednesday posted first-quarter net income of 30 million, or .09 per share. Earnings, adjusted for non-recurring gains, came to 96 cents per share, which is 6 cents better than Wall Street had expected, according to a survey by Zacks Investment Research.

Revenue was also surprisingly good, rising 5% to 0.47 billion.

Shares of Delta Air Lines Inc. are up more than 1%.


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