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Delta reports Q2 revenue up 1%, reinstates 2025 profit forecast, and boosts dividend by 25%.
Delta Air Lines reported stronger-than-expected Q2 results, with revenue up 1% to $15.51 billion, and reinstated its 2025 profit forecast of $5.25 to $6.25 per share. The company expects Q3 earnings of $1.25 to $1.75 per share on revenue growth of 0-4%. Delta's premium product revenue increased by 5%, while total revenue per seat mile fell 4%. The airline also announced a 25% dividend increase starting in September, and its stock rose 11%.
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