Delta Air Lines reported Q1 EPS $0.64 beating $0.61 estimate, revenue $14.2bn surpassing $13.97bn consensus.
Operating income was $652m with a 4.6% margin; CEO Ed Bastian highlighted 40% YoY earnings rise despite higher fuel costs.
Shares surged over 12% after results, boosted by U.S.-Iran ceasefire news that drove oil prices lower and lifted airline stocks.
For Q2, Delta guided EPS $1.00‑$1.50 and 6‑8% margin, below Street $1.70 estimate, expecting low‑teens revenue growth and $4.30/gal fuel price.