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said Thursday it had net income of $1.025 billion, or $1.47 a share, in the second quarter, down from $1.19 billion, or $1.62 a share, in the year-earlier period.

Adjusted per-share earnings came to $1.77, ahead of the Fact Set consensus of $1.72.

Revenue rose to $11.8 billion from $10.7 billion, also ahead of the Fact Set consensus of $11.7 billion.

"With an expected $2 billion higher fuel bill for 2018, we are now forecasting our full-year earnings to be $5.35 to $5.70 per share," Chief Executive Ed Bastian said in a statement. Shares rose 1.9% premarket, but are down 11.0% in 2018 through Wednesday, while the S&P 500 has gained 3.8%.

"We have seen early success in addressing the fuel cost increase and offset two-thirds of the impact in the June quarter." The carrier said it is raising its quarterly dividend by 15% to 35 cents a share. Three of the world’s most respected economists have led a joint attack on bitcoin, claiming the digital currency will be “regulated into oblivion” as governments globally move to clamp down on money laundering.

The Swiss stock exchange has announced plans for a digital trading, settlement and custody venue for crypto assets — one of the first moves by a mainstream European exchange to open its doors to digital tokens and securities.

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said Thursday it had net income of $1.025 billion, or $1.47 a share, in the second quarter, down from $1.19 billion, or $1.62 a share, in the year-earlier period.

Adjusted per-share earnings came to $1.77, ahead of the Fact Set consensus of $1.72.

Revenue rose to $11.8 billion from $10.7 billion, also ahead of the Fact Set consensus of $11.7 billion.

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