Thread: Delta loss
View Single Post
Old 07-16-2008 | 05:25 AM
  #2  
PaulFooley's Avatar
PaulFooley
Line Holder
 
Joined: Sep 2007
Posts: 67
Likes: 0
Default

Not to be a pollyanna, but the bulk of the reported loss (1.1 billion) was a non-cash charge related to the tanking of the share price. Excluding this one-time charge, Delta actually reported a profit beyond Wall Street's projections and revenue came in above expectations as well. Given the current economic climate, I'll take these results...
Reply