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Delta Air Lines revenue soars, but profit dented by fuel price, storms

Reuters 

By Alana Wise(Reuters) - Delta Air Lines Inc on Thursday reported quarterly results that exceeded Wall Street expectations in several key metrics, spurring an advance in shares of the company and others in the industry in premarket trading.Delta reported earnings per share of 77 cents, topping analysts' average estimate of 73 cents per share, according to Thompson Reuters I/B/E/S. Shares of the Atlanta-based airline gained 2.7 percent before the U.S. stock market opened. The nation's second-largest carrier by passenger traffic posted a 9.5 percent rise in quarterly revenue, boosted by higher ...

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First Published: Thu, April 12 2018. 20:56 IST
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