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Earnings upside surprises drive stock futures higher

Hot Stock Minute

Delta Air Lines (DAL) posted profits this morning of $0.65 per share, beating estimates by $0.02. Revenue came in at $9.08 billion which beat estimates of $9.04 billion, and is up from last year's $8.60-billion. Delta is up close to 122% since this time last year. It was one of the best performing stocks of 2013.

Verizon (VZ) reported adjusted earnings today of $0.66 a share, beating estimates by a penny. Revenue rose $3.4% to $31.07 billion which also beat estimates of $31.02 billion. Verizon also just announced that it will buy media assets from Intel, including the company's OnCue Cloud TV platform.

Johnson & Johnson (JNJ) posted profits, excluding items, of $1.24 which beat estimates by $0.04. Revenue came in at $18.4 billion, beating estimates of $17.95 billion, and up from last year's $17.56 billion.

And bellwether insurer Travelers (TRV) reported operating profits this morning of $2.68 per share beating estimates of $2.17. Revenue rose 4% to $6.74 billion, which beat estimates of $5.46 billion. The company attributed the better-than-expected results to higher premiums and a decline in disaster losses.