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Delta soars as US travel growth pushes profits past Wall Street's highest forecast

4 monthes ago   |   By

REUTERS/Lucas Jackson
Delta Air Lines posted fourth-quarter earnings on Tuesday that topped analysts' highest profit estimate.
The airline also beat expectations for quarterly revenue and posted a 2.4% gain for revenue per available seat mile.
Delta shares surged as much as 4.5% on the news.
The company's domestic revenue grew more than any other regional business, hinting its bet on increased US travel is paying off.
Watch Delta Air Lines trade live here .
Delta Air Lines reported fourth-quarter earnings on Tuesday morning that beat analysts' highest profit estimate, according to...
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Citi earnings beat estimates as fixed-income trading spikes 49%

Citi earnings beat estimates as fixed-income trading spikes 49%

4 monthes ago   |   By

Tom Williams/Getty
Citigroup reported fourth-quarter earnings that bested Wall Street estimates for earnings and revenue on Tuesday morning.
The firm posted a 49% gain to fixed-income trading revenue, more than double the increase analysts anticipated, according to those surveyed by Bloomberg.
Citi stock traded as much as 1% higher following the report's release.
Watch Citigroup trade live here .
Citigroup reported fourth-quarter earnings that beat profit and revenue expectations on Tuesday morning.
The company posted a 49% gain to fixed-income trading revenue, more than double the...
Read more ...

 

JPMorgan's 4Q earnings smash Wall Street's targets

JPMorgan's 4Q earnings smash Wall Street's targets

4 monthes ago   |   By

REUTERS/Dylan Martinez
JPMorgan Chase reported fourth-quarter earnings Tuesday that beat analysts' revenue and profit expectations, reflecting strong gains in its corporate and investment bank and asset and wealth management divisions.
The bank's shares climbed 1.9% in premarket trading.
View Business Insider's homepage for more stories .
JPMorgan Chase posted $2.57 in fourth-quarter earnings per share, outpacing the $2.36 figure that Wall Street analysts surveyed by Bloomberg were expecting. Corporate and investment bank revenues jumped 31%, and wealth and asset management revenue climbed...
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JPMorgan's 4Q earnings smash Wall Street's targets

JPMorgan's 4Q earnings smash Wall Street's targets

4 monthes ago   |   By

Jeenah Moon/Reuters
JPMorgan Chase reported fourth-quarter earnings Tuesday that beat analysts' revenue and profit expectations, reflecting strong gains in its corporate and investment bank and asset and wealth management divisions.
The bank's shares climbed 1.9% in premarket trading.
View Business Insider's homepage for more stories .
JPMorgan Chase posted $2.57 in fourth-quarter earnings per share, outpacing the $2.36 figure that Wall Street analysts surveyed by Bloomberg were expecting as corporate and investment bank revenues jumped 31%, and wealth and asset management revenue climbed...
Read more ...

 


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Interesting Facts About Dubai Miracle Garden

Dubai Miracle Garden - The World's biggest flower Garden located in Dubai. Plan your trip to Dubai & visit this garden. Before visiting go through these interesting facts... Read more ...

Interesting Facts About Dubai Miracle Garden

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Experience the magical ambience of the fall season by visiting the best...

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What Dead Car Brand Would Have Nailed Electrification?

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Watch SpaceX, NASA, and 2 astronauts perform an historic private spaceship...

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Elon Musk's biggest worry about SpaceX's first astronaut mission isn't the...

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New York Gov. Cuomo on George Floyd protesters not wearing face masks: 'You...

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The Fed unveils top corporate-bond ETFs targeted in its $1.3 billion...

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Bars across Arkansas were allowed to reopen this week. 2 bar owners in the...

Bars across Arkansas were allowed to reopen this week. 2 bar owners in the state told us why they're not doing it

Andrew DeMillo/AP Bars in Arkansas were allowed to reopen on Tuesday, with certain restrictions on capacity and social distancing. This came despite the fact that the state is... Read more ...

Vaccine and coronavirus skeptics packed into a hotel for a conference over...

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New York City's average life expectancy may have dipped by 5 years due to...

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The owner of a Minneapolis restaurant damaged by fire during George Floyd...

The owner of a Minneapolis restaurant damaged by fire during George Floyd protests said: 'Let my building burn, justice needs to be served'

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If SpaceX's rocket fails, an emergency escape system will save the...

If SpaceX's rocket fails, an emergency escape system will save the astronauts onboard. NASA calculated a 1-in-60 chance they'll need it

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