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Delta Air Lines reports record-breaking first quarter

SHARE Delta Air Lines reports record-breaking first quarter

Delta Air Lines Thursday reported a $327 million profit for the quarter ended Sept. 30, up 29 percent from $254 million in the same quarter last year.

Atlanta-based Delta is the dominant carrier in Utah.Diluted earnings per share were $4.16, beating analysts' estimates of $3.95 in a survey by First Call Corp. Per-share earnings a year earlier were $3.26.

Revenues were $3.8 billion, compared with $3.55 billion for the same quarter in 1997.

Delta said the net income for the first quarter of its fiscal year was a record.