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Delta Air Lines (DAL) Stock Climbing on Q1 Earnings Beat

NEW YORK (TheStreet) -- Shares of Delta Air Lines (DAL - Get Report) are increasing by 2.77% to $49.37 on Thursday morning, after posting its 2016 first quarter results.

Before today's opening bell, the Atlanta-based air carrier reported adjusted earnings of $1.32 per share, exceeding analysts' expectations of $1.30 per share.

Revenue declined by 1.5% to $9.25 billion, slightly below analysts' estimates of $9.27 billion.

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