Stock Performance - Delta's shares surged 10% in recent trading, making it one of the biggest gainers in the S&P 500 on a day when the index was down 1.5% [1] Profit Sharing - Delta announced a "Profit Sharing Day" on February 14, where eligible employees will receive an estimated payout of 10% of their eligible earnings, equivalent to an average of five weeks of additional pay [2][3] - The cumulative payout for employees is estimated at $1.4 billion as their share of Delta's 2024 profits [2] - Over the past 10 years, Delta has distributed more than $1 billion in profit sharing to its employees [3] Financial Performance - Delta reported record fourth-quarter revenue and operating profit, driven by increased customer preference for premium seating [4][5] - Main cabin ticket sales rose 2% year-over-year in Q4, while "premium products" ticket revenue surged 8% [5] - For the full year, main cabin sales remained flat at just under $25 billion, while premium revenue increased 8% to $20.6 billion [5] Market Positioning - Delta positions itself as the "premium" U S airline, a message emphasized 11 times in its report [5] - The company's CEO, Ed Bastian, noted that consumers are increasingly seeking the premium products and experiences that Delta provides [5]

The advent of AI has sent the semiconductor industry into overdrive over the past year. Volatility is part of the price of admission.The market ended the week on a somber note as the economy once again took center stage. Investors were digesting a surprisingly robust jobs report that highlighted the Federal Reserve's ongoing battle with inflation, the potential for future interest rate cuts, and what it means for the overall economy. To add insult to injury, a decision by the Biden administration regarding ...

Delta Air Lines (DAL) reported fourth-quarter 2024 earnings (excluding 56 cents from non-recurring items) of $1.85 per share, which surpassed the Zacks Consensus Estimate of $1.76. Earnings increased 44.5% on a year-over-year basis due to low fuel costs.Find latest EPS estimates and surprises on Zacks Earnings Calendar.Revenues of $15.56 billion surpassed the Zacks Consensus Estimate of $14.99 billion and increased 9.4% on a year-over-year basis, driven by strong holiday travel demand. Adjusted operating re ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks ...

On Friday, Dyne Therapeutics, Inc. DYN revealed new data from its ongoing Phase 1/2 ACHIEVE trial of DYNE-101 in patients with myotonic dystrophy type 1 (DM1).Dyne plans to begin a global Registrational Expansion Cohort with the potential to support a submission for U.S. Accelerated Approval based on biomarker and functional data in H1 2026.Also Read: Muscle Disease Drug Developer Dyne Therapeutics Stock Plunges After Updated Data From Duchenne Muscular DystrophyDyne reported efficacy data from adult DM1 pa ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

In Brief Axios reports that Meta is eliminating its biggest DEI efforts, effective immediately, including ones that focused on hiring a diverse workforce, training, and sourcing supplies from diverse-owned companies. Its DEI department will also be eliminated.  In a memo leaked to the outlet, Meta said it was making these changes because the “legal and policy landscape surrounding diversity, equity, and inclusion efforts in the United States is changing.”  Meta is not alone: Microsoft and Zoom have rolled ...

EverQuote, Inc. (EVER) shares are trading at a premium to the Zacks Multiline Insurance industry. Its price-to-book value of 5.69X is higher than the industry average of 2.3X.EverQuote, an online insurance marketplace, has a market capitalization of $669 million. The average volume of shares traded in the last three months was 0.5 million. Image Source: Zacks Investment ResearchShares of other insurers that provide car insurance, such as Lemonade (LMND) , The Allstate Corporations (ALL) and The Progressive ...

DICK’S Sporting Goods Inc. (DKS) has been showing strong momentum, hovering close to its 52-week high of $239.30. The stock, closing at $233.50 on Wednesday, remains just 2.4% below that peak. Moreover, the stock is currently trading above its 200-day and 50-day moving averages of $209.35 and $211.66, respectively, highlighting a potential upward trend. Image Source: Zacks Investment Research DICK’S stock has seen a remarkable 74% rise in the past year, outpacing the industry's growth of 11.8%. The company’ ...

FormFactor’s (FORM) shares have lost 26.1% in the trailing six months, underperforming the broader Zacks Computer and Technology sector’s return of 3.7% and the Zacks Electronics- Semiconductors industry’s appreciation of 15.7%.FORM shares have lagged industry peers like Marvell Technology (MRVL) , which have surged 63.8% over the same time frame.FormFactor's share price decline can be attributed to expected declines in demand for foundry and logic probe cards, which contributed to a sequential revenue decl ...