Investing.com - Delta Air Lines (NYSE:DAL) reported fourth quarter earnings that beat analysts' expectations on Tuesday and revenue that topped forecasts.
The firm reported earnings per share of $1.7 on revenue of $11.44B. Analysts polled by Investing.com anticipated EPS of $1.4 on revenue of $11.34B. That compared to EPS of $1.3 on revenue of $10.74B in the same period a year earlier. The company had reported EPS of $2.32 on revenue of $12.55B in the previous quarter.
For the year, Delta Air Lines shares are up 1.73%, broadly in line with the S&P 500 which is up 1.32% year to date.
Delta Air Lines follows other major Transportation sector earnings this month
On Tuesday, December 17, 2019, FedEx reported second quarter EPS of $2.51 on revenue of $17.3B, compared to forecasts of EPS of $2.74 on revenue of $17.58B.
Carnival ADS earnings beat analyst's expectations on Friday, December 20, 2019, with fourth quarter EPS of $0.62 on revenue of $4.78B. Investing.com analysts expected EPS of $0.51 on revenue of $4.58B
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