Here’s a look at some of the stocks the Yahoo Finance team will be watching for you today.
Delta Air Lines (DAL) gained altitude in early trading after posting beats on its top and bottom lines for the third quarter. That’s despite the devastating hurricanes that led to over 2,000 cancelled flights. Revenue and EPS were better than expected and a key metric—passenger revenue per available seat mile—was also up. Looking ahead, Delta is issuing positive revenue guidance for its next quarter.
JetBlue (JBLU) is preparing for some turbulence. The airline is forecasting lower third- and fourth-quarter earnings and revenue because of the string of hurricanes. JetBlue predicts it will have to shave $44 million off Q3 revenue and reduce adjusted EPS. The company’s CEO says he expects these current adjustments to soften the blow in 2018.
BlackRock (BLK) has just gotten bigger. The largest asset manager in the world now manages close to
$6 trillion in assets. That’s a 17% jump year over year. BlackRock also beat on earnings and revenue. The company cited increased fees, and CEO Larry Fink says more clients were eager to put their money to work this quarter.
SeaWorld (SEAS) stock is in focus after Merlin Entertainment (MERL.L) has announced it will not acquire any part of the embattled marine park. Shares of SeaWorld shot higher last week on talk of a possible deal with the owner of Legoland. Merlin’s corporate policy doesn’t allow it to have dolphins and whales on its property, meaning it wouldn’t be able to own three SeaWorld parks.