Delta Airlines: Q1 slightly above consensus

(CercleFinance.com) - Delta Airlines has announced Q1 adjusted net income of 523 million dollars to end-March, representing adjusted EPS of 74 cents, while on average analysts were expecting one cent less.


However, the Atlanta-based airline saw its taxable income fall 13% to 676 million dollars, under the weight of higher kerosene prices and costs due to unfavourable winter weather conditions.

However, Delta Airlines recorded adjusted operating income that is up 8% at 9.8 billion dollars, which represents a record for this time of the year, including a 23% increase in freight revenues.


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