Delta’s stock climbs as profit and load factor beats expectation but revenue comes up a bit shy

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Delta’s stock climbs as profit and load factor beats expectation but revenue comes up a bit shy
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Tomi Kilgore is MarketWatch's deputy investing and corporate news editor and is based in New York. You can follow him on Twitter @TomiKilgore.

Shares of Delta Air Lines Inc. DAL climbed 1.5% in premarket trading Thursday, after the air carrier reported third-quarter profit that beat expectations but revenue that came up a bit shy. Net income rose to $1.11 billion, or $1.72 a share, from $695 million, or $1.08 a share, in the year-ago period.

Adjusted earnings per share, which excludes nonrecurring items, rose to $2.03 from $1.51 to beat the FactSet consensus of $1.95. Revenue grew 10.8% to $15.49 billion, below the FactSet consensus of $14.55 billion, while the company recorded record revenue for the month of September. Domestic passenger revenue increased 6%...

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