Investing.com - Delta Air Lines (NYSE:DAL) reported fourth quarter earnings that beat analyst's expectations on Tuesday and revenue that fell short of forecasts.
The firm reported earnings per share of $1.3 on revenue of $10.74B. Analysts polled by Investing.com forecast EPS of $1.27 on revenue of $10.77B. That compared to EPS of $0.96 on revenue of $10.25B in the same period a year earlier The company had reported EPS of $1.8 on revenue of $11.95B in the previous quarter.
Delta Air Lines shares lost 1.67% to trade at $47.75 in other following the report.
For the year, Delta Air Lines shares are down 4.31%, under-performing the S&P 500 which is up 4.66% year to date.
Delta Air Lines follows other major Transportation sector earnings this month
On Tuesday, December 18, 2018, FedEx reported second quarter EPS of $4.03 on revenue of $17.8B, compared to forecasts of EPS of $3.93 on revenue of $17.75B.
Greenbrier earnings beat analyst's expectations on Wednesday, January 9, 2019, with first quarter EPS of $0.54 on revenue of $604.52M. Investing.com analysts expected EPS of $0.48 on revenue of $559.43M