Delta Air Lines (DAL) Tops Q2 EPS by 6c

Delta Air Lines (NYSE: DAL) reported Q2 EPS of $1.27, $0.06 better than the analyst estimate of $1.21. Revenue for the quarter came in at $10.71 billion versus the consensus estimate of $10.64 billion.

"Delta's record results have allowed the company to invest in its employees through higher wage rates and profit sharing; improve the experience for our customers through new aircraft and innovative partnerships with global carriers; and uniquely deliver value for our shareholders by accelerating our capital returns while also paying down debt," said Richard Anderson, Delta's chief executive officer. "We have more work and opportunity ahead of us on all of these fronts as we continue to execute on our long-term plan."

Anderson continued, "Our significant fuel savings in the September quarter should allow us to produce another record quarter with more than 30% EPS growth, a 19-21% operating margin and $1.9 billion of operating cash flow."

September 2015 Quarter Guidance

Following are Delta's projections for the September 2015 quarter:

For earnings history and earnings-related data on Delta Air Lines (DAL) click here.

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