Delta Air Lines stock was surging on Thursday after the carrier topped Wall Street’s earnings expectations and restored its full-year guidance.The airline posted adjusted earnings per share of $2.10 on revenue of $15.

Delta Air Lines shares surged after beating Q2 expectations and reinstating its full-year profit forecast. Stabilized demand, strong premium sales, and a positive Q3 outlook boosted investor sentiment across the airline sector.

Delta Air Lines, the world’s largest carrier by revenue, reported upbeat second quarter results and reinstated its guidance as growing economic clarity deflects headwinds resulting from a global trade war.

Analysts expect that airlines will have a tepid earnings season as tariff uncertainty and declining U.S. dollar weigh on the industry.

Delta Air Lines Inc. reinstated a profit outlook for the year and said travelers are coming back, prompting its stock to surge amid a fresh sense of confidence in the beaten-down US consumer.

Delta Air Lines was one of the top-performing stocks in the S&P 500 Thursday after the carrier reported better second-quarter results than analysts had expected and reinstated its full-year outlook.

Delta’s encouraging report boosted the entire airline sector. United jumped 14.3%, American climbed 12.7%, JetBlue gained 7.8% and Southwest finished 8.1% higher.

Delta Air Lines (NYSE:DAL) will report its first-quarter earnings on April 9, Wednesday, and investors will focus on its outlook amid worries of softening domestic demand and weakening consumer ...