Market Blog

Revenue Announcements by Morgan Stanley and Delta Airlines

$MS – Morgan Stanley – last closed at 27.15 – Bullish (Short Term)

Morgan Stanley is a financial holding company which provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide.

MS announced its Q4 and full year 2015 revenues today prior to the market opening. The share price decreased by 4.62% yesterday due to the wall street analyst expectation of EPS – 33 cents. MS beat the expectations and announced an EPS of 39 cents. Due to this, the sentiment may be bullish for Morgan Stanley. The revenue for the quarter came upto $7.7 billion. This might see a positive investor sentiment for MS.

$DAL – Delta Airlines, Inc- last closed at 44.50 – Bullish (short – medium term)

Delta Air Lines, Inc. (Delta) provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Company’s segments include its Airline segment and Refinery segment. The Company’s Airline segment provides scheduled air transportation for passengers and cargo and other ancillary airline services, including maintenance and repair services for third-parties. Its Refinery segment provides jet fuel to the airline segment from its own production and through jet fuel obtained through agreements with third-parties.

DAL announced its Q4 revenues today prior to the market opening. The share price had decreased at previous close by 1.85%. DAL missed the wall street consensus of EPS – $1.19 and announced an adjusted EPS for non-recurring gains at $1.18. Though this would create a bearish sentiment in the market, analysts believe that the stock prices may go up due to low oil prices. Oil being a major expense for the airline industry, the profit margins have surged, and are expected to grow in 2016.

 

 

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