Delta Air Lines’ DAL second-quarter 2021 loss (excluding $2.09 from non-recurring items) of $1.07 per share was narrower than the Zacks Consensus Estimate of loss of $1.41. Loss also narrowed year over year as air-travel demand improvedHow Was the Estimate Revision Trend?The company’s bottom line missed the Zacks Consensus Estimate in each of the last four quarters, the average being 9.02%. With air-travel demand moving north, the Zacks Consensus Estimate for second-quarter bottom line has narrowed to a loss of $1.41 per share from $1.45 loss, 30 days ago.Delta Air Lines, Inc. Price and EPS Surprise Delta Air Lines, Inc. price-eps-surprise | Delta Air Lines, Inc. Quote Revenues Better Than ExpectedDelta recorded operating revenues of $7,126 million, which beat the Zacks Consensus Estimate of $6,340.9 million. Also, it compared favorably with the year-ago number.Key Stats to Note: Despite the recent improvement, air-travel demand is still below pre-pandemic levels. The airline behemoth witnessed a 31% decline in consolidated passenger revenue per available seat mile (PRASM: a key measure of unit revenue) in the quarter compared to the second-quarter 2019 levels.For the third quarter of 2021, the carrier expects capacity to decline in the 28-30% band compared with the reported number in third-quarter 2019. The carrier anticipates total revenues to decline in the 30-35% range from third-quarter 2019 actuals. Adjusted non-fuel unit costs in third-quarter 2021 are expected to increase in the 11-15% band from third-quarter 2019 actuals.Fuel price per gallon in the September quarter is projected in the $2.05-$2.15 range. Capital expenditures and adjusted net debt are likely to be around $800 million and $19 billion, respectively, in the September quarter.Zacks Rank: Currently, Delta Air Lines has a Zacks Rank #3 (Hold) but that could change following the company’s earnings report which was just released. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Stock Price: The narrower-than-expected loss and revenue beat pleased investors. Shares of the company were up in pre-market trading at the time of writing.Check back later for our full write up on this Delta Air Lines earnings report later! Infrastructure Stock Boom to Sweep America A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made. The only question is “Will you get into the right stocks early when their growth potential is greatest?” Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.Download FREE: How to Profit from Trillions on Spending for Infrastructure >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Delta Air Lines, Inc. (DAL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research