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Actionable news in DAL: DELTA AIR LINES Inc,

More Squawk From Jim Cramer: Delta Air (DAL) Delivers ‘Straight Up, Terrific Beat’

NEW YORK (TheStreet) -- Delta Air Lines (DAL - Get Report) stock is rising 1.08% to $48.60 in late morning trading Thursday after the company reported 2016 first quarter earnings of $1.32 per share, beating estimates of $1.30 per share.

Delta delivered a "straight up, terrific beat" unlike the financial institutions that also reported before today's market open, TheStreet's Jim Cramer said on CNBC's Squawk on the Street this morning.

"If the dollar continues to weaken, earnings will get better," Cramer added.

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