Delta Air Lines Stock Rises as Revenue, Adjusted Earnings Top Estimates

Shares of Delta Air Lines (DAL) rose on Friday after the airline reported fourth-quarter fiscal 2024 revenue and adjusted earnings that came in ahead of analysts' estimates. The carrier posted December-quarter profit of $843 million, or $1.29 per share, on revenue of $15.56 billion. Analysts polled by Visible Alpha expected net income of $1.15 billion, or $1.78 per share, on revenue of $14.89 billion. On an adjusted basis, earnings per share (EPS) of $1.85 topped analysts' estimates of $1.76. Delta project ...