Delta soars as US travel growth pushes profits past Wall Street's highest forecastGet the Full StoryREUTERS Lucas Jackson
Delta Air Lines posted fourth-quarter earnings on Tuesday that topped analysts' highest profit estimate.
The airline also beat expectations for quarterly revenue and posted a 2.4 gain for revenue per available seat mile.
Delta shares surged as much as 4.5 on the news.
The company's domestic revenue grew more than any other regional business, hinting its bet on increased US travel is paying off.
Watch Delta Air Lines trade live here.
Delta Air Lines reported fourth-quarter earnings on Tuesday morning that beat analysts' highest profit estimate, according to Bloomberg data.
The company also topped expectations for quarterly revenue and posted a 2.4 gain for revenue per available seat mile, a key metric for airline efficiency.See the rest of the story at Business InsiderNOW WATCH: A big-money investor in juggernauts like Facebook and Netflix breaks down the '3rd wave' firms that are leading the next round of tech disruptionSee Also:The best and worst states to retire in the USCristiano Ronaldo was the 2nd highest-paid athlete on the planet in 2019. Here's how he makes and spends his millions.'Simply ludicrous': Wall Street's most bearish stock strategist says eye-bleeding valuations are just one factor that could send the market spiraling lower in 2020