Delta climbs clear of rivals’ 737 MAX woes

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Delta climbs clear of rivals’ 737 MAX woes
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Delta Air Lines climbs clear of rivals’ 737 MAX woes tombuerkle

Delta Air Lines on April 10 reported net profit rose 31 percent in the first quarter compared with the same period a year earlier, to $730 million, on revenue that was up 5 percent at $10.5 billion. At an adjusted 96 cents a share, earnings exceeded the average analyst estimate of 90 cents a share, according to I/B/E/S data from Refinitiv.

The company forecast earnings of $2.05 to $2.35 a share in the second quarter, compared with an average analyst estimate of $2.13.

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