Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Delta Airlines Beats Third Quarter Earnings Estimates

Matthew DeBord and ReutersOct 16, 2014, 19:40 IST

(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.