Delta Air Lines, Inc. DAL is the one of the largest U.S. airlines and provides scheduled air transportation for passengers and cargo across the globe. The Atlanta, GA based company’s route network is centered on the hub system that it operates at airports in Atlanta, Cincinnati, Detroit, Memphis, Minneapolis/St. Paul, New York – John F. Kennedy International Airport , Salt Lake City, Paris-Charles de Gaulle, Amsterdam and Tokyo-Narita. Delta has reported higher-than-expected earnings in three of the last four quarters with an average beat of 1.82%.Zacks Rank: Currently, Delta Air Lines has a Zacks Rank #3 (Hold) but that could change following the company’s earnings report which was just released. We have highlighted some of the key stats from this just-revealed announcement below: Earnings: Delta Air Lines’ earnings (excluding special items) of $1.32 per share beat the Zacks Consensus Estimate of $1.29. Earnings also improved significantly the year ago figure aided by cheap oil.Revenue: Operating revenues came in at $9,251 million, marginally short of the Zacks Consensus Estimate of $9,285 million. Revenues declined 1.5% from the year-ago figure mainly due to currency woes. The terrorist attacks in Brussels last month also negatively impacted revenues.Key Stats to Note: For the second quarter of 2016, the carrier expects operating margin in the range of 21% to 23%. The estimated fuel price, including taxes and hedges, is expected in the range of $1.48 to $1.53 per gallon for the second quarter. System capacity is expected to rise in the band of 2% to 3% on a year over year basis. Passenger unit revenue in the second quarter is projected to decline in the band of 2.5% to 4.5%Stock Price: The earnings beat pleased the investors. Shares of the company were up in pre-market trading at the time of writing.Check back later for our full write up on this Delta Air Lines earnings report later!Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report DELTA AIR LINES (DAL): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research