Top Consumer Shares:
Consumer shares are firmly higher in pre-bell trading today.
In consumer sector news, Delta Air Lines (
) rose nearly 4% in pre-market trade after saying its Q4 earnings
was $0.65 per share, exceeding the Capital IQ analyst consensus
estimate by one cent. Total operating revenue rose 6% to $9.08
billion compared to the $9.1 billion consensus estimate.
For Q4, the airline expects to record an operating margin of
6%-8% and for the fuel price to average between $2.97 and $3.02.
System capacity is expected to increase 2%-3%.
And, Lifeway Foods (
) released preliminary financial results for Q4 2013 net sales of
$26.30 million, beating analyst's forecasts of $23.40 million.
Fourth quarter gross sales increased approximately 26% $28.8
million compared to $22.9 million in the same period last year.
Full year 2013 gross sales increased approximately 21% to $108.2
million compared to $89.8 million last year.
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