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News

What Delta's Q1 Earnings Mean For Mutual Fund Investors (DAL)

Shauna O'Brien Apr 15, 2015



Inside DAL’s Results


The company reported earnings of $746 million, or 90 cents per share, up from $213 million, or 25 cents per share, last year. Excluding special items, EPS was 45 cents per share—above analysts’ view of 44 cents.

Revenue
Revenue rose 5% to $9.39 billion from $8.92 billion last year. Analysts expected to see revenue of $9.39 billion.


Profits Tripled, But DAL is Cutting International Capacity


The company said that it will be reducing capacity in international markets that are most impacted by the stronger dollar. Some of the regions included are Russia, Japan, Africa, India and the Middle East.


Mutual Funds to Watch



The Bottom Line


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