Delta Air Lines (NYSE: DAL) reported Q3 EPS of $1.80, $0.05 better than the analyst estimate of $1.75. Revenue for the quarter came in at $11.95 billion versus the consensus estimate of $11.95 billion.

"Our solid eight percent revenue growth, combined with flat non-fuel unit cost performance, helped offset 85 percent of the $655 million fuel cost increase in the quarter. These achievements are a testament to the strength of the Delta business model and the hard work of the Delta people, and I am pleased to recognize their performance with an additional $395 million toward 2018 profit sharing," said Ed Bastian, Delta\'s Chief Executive Officer. "Our commercial momentum and improved cost trajectory give us confidence that we are on a path to deliver continued top-line growth and expand margins as we move into 2019."

"We generated record revenues in the September quarter on strong demand across the business and a favorable yield environment. In the December quarter we expect total unit revenue growth of three to five percent, driving full year revenue growth to eight percent, the high end of our guidance," said Glen Hauenstein, Delta\'s President. "The benefits of our brand, industry-leading network, and relentless focus on the customer are driving revenue growth, improving margins and accelerating the pace of our recapture of higher fuel costs."

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