10:04 AM EDT, 07/10/2025 (MT Newswires) -- (Updates with stock movement in headline and first paragraph, dividend update in last paragraph.)

Delta Air Lines ( DAL ) shares were up more than 12% in early trading on Thursday after its Q2 adjusted earnings and adjusted operating revenue surpassed the analyst consensus.

The company reported Q2 adjusted earnings Thursday of $2.10 per diluted share, down from $2.36 a year earlier.

Analysts polled by FactSet expected $2.06.

Adjusted operating revenue for the quarter ended June 30 was $15.51 billion, up from $15.41 billion a year earlier.

Analysts surveyed by FactSet expected $15.46 billion.

For Q3, the airline said it expects non-GAAP EPS of $1.25 to $1.75. Analysts polled by FactSet expect $1.34.

The company said it is restoring its full-year guidance, with expectation for adjusted EPS of $5.25 to $6.25. Analysts polled by FactSet expect $5.38.

Delta also said it was increasing its quarterly dividend by 25% starting in Q3.

Price: 56.64, Change: +5.94, Percent Change: +11.71