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Delta earning rise 11%
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April 15, 1999: 9:17 a.m. ET
Airline says fiscal 3Q earnings per share are $1.42, beating Street
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NEW YORK (CNNfn) - Delta Airlines said Thursday its fiscal third-quarter net income rose 11 percent to $216 million.
Income per share climbed 15 percent to $1.42 from $1.23 a year ago, soundly beating the $1.29 expected by analysts surveyed by First Call Corp.
Revenue for Atlanta-based Delta (DAL), the nation's third-largest airline, rose 3 percent to $3.5 billion.
Operating income rose 5 percent to $356 million during the quarter, the company said. Delta acquired Southeast Airlines for about $700 million in February, while also buying back $107 million in common stock in its March quarter.
Delta shares Wednesday gained 2-11/16 to 73-3/16. 
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Delta
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