ATLANTA (AP) -- Delta Air Lines Inc. (DAL) on Wednesday reported earnings that climbed by 17 percent in its second quarter, and topped analysts' expectations.<br />
The Atlanta-based company said net income increased to $801 million, or 94 cents per share, from $685 million, or 80 cents per share, in the same quarter a year ago.<br />
Earnings, adjusted for one-time gains and costs, were $1.04 per share. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.03 per share.<br />
The company said revenue climbed 9.4 percent to $10.62 billion from $9.71 billion in the same quarter a year ago, and beat Wall Street forecasts. Analysts expected $10.59 billion, according to Zacks.<br />
Delta Air Lines shares have risen $10.21, or 37 percent, to $37.68 since the beginning of the year, while the Standard & Poor's 500 index has increased 7.3 percent. The stock has climbed $17.23, or 84 percent, in the last 12 months.
A blustery winter storm dumped snow and ice across the West on Wednesday, making driving treacherous in the mountains from California to the Rockies and forcing residents and party-goers in some usually sun-soaked cities to bundle up for a frosty New Year's.
COLORADO SPRINGS, Colo. (AP) — A gunman who opened fire inside a Colorado Springs Planned Parenthood clinic was arrested Friday after engaging in gun battles with authorities during an hours-long stan...
NEW YORK (AP) — The annual ritual of Black Friday, as we know it, is over.Gone are the throngs of frenzied shoppers camping out for days ahead of the big sales bonanza on the day after Thanksgiving. A...
WASHINGTON (AP) — A man draped in an American flag climbed over the fence at the White House on Thursday, prompting a lockdown as the first family celebrated Thanksgiving.The man was immediately appre...