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Delta Beats Profit Forecasts But Misses Revenue Expectations

June 5, 2023
in Trade Tube
Reading Time: 1 min read
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Delta Air Lines shares are higher Thursday despite mixed second-quarter results. The airline reported revenue of $10.45 billion, slightly below analysts’ expectations. But, earnings of $1.47 a share topped forecasts by a nickel. Delta’s CEO says that the savings driven by lower fuel are largely behind the company. He says getting revenues back on a positive trajectory is key to long-term success.

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