Sector Update: Consumer Shares Higher Pre-Market; Delta Up 4% on Q4 Results

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Top Consumer Shares:

WMT: +0.21%

MCD: +0.54%

DIS: +0.23%

CVS: flat

KO: +0.48%

GE: +0.41%

Consumer shares are firmly higher in pre-bell trading today.

In consumer sector news, Delta Air Lines ( DAL ) 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 ( LWAY ) 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.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: DAL , LWAY

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