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Delta Air Lines Inc Q2 adjusted earnings Beat Estimates

Delta Air Lines Inc (DAL) released earnings for second quarter that decreased from the same period last year.

The company's profit totaled $1.03 billion, or $1.47 per share. This compares with $1.19 billion, or $1.62 per share, in last year's second quarter.

Excluding items, Delta Air Lines Inc reported adjusted earnings of $1.24 billion or $1.77 per share for the period.

Analysts had expected the company to earn $1.72 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 9.6% to $11.78 billion from $10.75 billion last year.

Delta Air Lines Inc earnings at a glance:

-Earnings (Q2): $1.24 Bln. vs. $1.16 Bln. last year.
-EPS (Q2): $1.77 vs. $1.59 last year.
-Analysts Estimate: $1.72
-Revenue (Q2): $11.78 Bln vs. $10.75 Bln last year.

Next quarter EPS guidance: $1.65 - $1.85
Full year EPS guidance: $5.35 - $5.70

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