The airline reported better earnings than expected for its latest quarter, and restored its forecast for the rest of the year.

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.

After withdrawing its outlook in April, Delta is again forecasting a profit—though at a significantly lower level than originally projected.

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.

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 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.

The Atlanta-based airline posted better-than-expected earnings for Q2. Read Joe Biden doctor's full statement on refusing to testify Kelly Clarkson Is "Devastated" That Health Concerns "Forced" Her to Cancel Shows

Delta Air Lines delivered a beat on earnings per share while revenues missed analyst expectations as elements from a "slower-growth" Q1 clouded the airline's full-year guidance.

Delta Air Lines on Thursday said its pricing power will "significantly" improve August onwards as U.S. carriers slow down seat capacity growth in the domestic market to ease discounting pressure.