Delta Airlines Beats Third Quarter Earnings Estimates
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(Reuters) - Delta Air Lines beat Wall Street analysts' expectations, with a quarterly profit of $1.20 per share, versus an anticipated $1.18.
Overall quarterly profit fell 74 percent to $357 million, partly due to a jump in operating expenses, including the elimination of debt.
Operating revenue increased 6.6 percent rise to $11.18 billion in the third quarter ended Sept. 30, helped by strong U.S. business and leisure travel.
Traffic increased 3.7 percent.
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