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What to Expect When Delta Air Lines (DAL) Reports Earnings

NEW YORK (TheStreet) -- Delta Air Lines (DAL - Get Report) is scheduled to announce its earnings results for the third quarter of 2015 before the market open on Wednesday.

Analysts have estimated for a year-over-year increase in earnings per share, but a year-over-year decline in revenue.

Analysts are expecting earnings of $1.71 per share on revenue of $11.12 billion for the latest quarter.

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Delta posted adjusted earnings of $1.20 per diluted share on $11.18 billion in revenue for the quarter ended September 30, 2014.

The company expects its unit revenue to decline 4.5% to 5.5% year-over-year for the third quarter of 2015.

Delta also estimates fuel prices will average $1.80 to $1.85 per gallon for the quarter.

The Atlanta-based company is an air transportation provider with hubs in New...


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