UPDATE: Delta Air Lines Reports Drop In Q2 Profit

Delta Air Lines Inc DAL reported a decline in its Q2 earnings. DAL reported its quarterly earnings at $198 million, or $0.23 per share, down from $467 million, or $0.56 per share, in the year-earlier period. Its revenue gained 12% y/y to $9.15 billion. On a continuing basis, DAL's net income came in at $366 million, or $0.43 per share. Analysts were expecting earnings of $0.46 per share on revenue of $9.16 billion. Delta Air Lines shares dropped 0.25% to $8.00 in pre-market trading.