Delta Air Lines Inc. said its second-quarter normalized net income came to $1.29 per share, compared with the S&P Capital IQ consensus estimate of $1.21 per share.
EPS rose 21.8% year over year from $1.06.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $1.04 billion, a gain of 16.2% from $898.8 million in the year-earlier period.
The normalized profit margin rose to 9.6% from 8.5% in the year-earlier period.
Total revenue came to $10.71 billion, compared with $10.62 billion in the prior-year period, and total operating expenses totaled $8.93 billion, compared with $9.01 billion in the year-earlier period.
Reported net income rose 85.7% from the prior-year period to $1.48 billion, or $1.83 per share, from $799.0 million, or 94 cents per share.
