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Delta Slips On Disappointing Q2 Earnings

Delta Air Lines (DAL) is lower Thursday, following its downbeat earnings report.

The company said it earned $1.64 per share, below the $1.66 analysts were expecting. Revenues rose 3.3% year over year to $10.79 billion, also just shy of the $10.81 billion consensus.

For the current quarter, Delta says it expects Passenger Revenue per Available Seat Mile (PRASM) to increase 2.5% to 4.5%...