In 2Q17, Delta Air Lines (DAL) forecast 3Q17 operating margins of 18.0%–20.0%. Hurricane Irma led to Delta’s canceling flights and losing $120.0 million in operating income.
For 3Q17, Delta Air Lines’ (DAL) revenue was $11.1 billion, a 5.5% YoY (year-over-year) rise compared to $10.8 billion in 3Q16.
Delta Air Lines’ (DAL) average traffic increased 3.4% YoY to 61.0 million passenger miles for 3Q17. For the first nine months of 2017, traffic has increased 2.1% to 166.5 billion miles.
Delta Air Lines (DAL) reported its 3Q17 results on October 11, 2017. It managed to beat Wall Street analysts’ estimates for both revenue and profits. Its revenue rose 5.5% YoY.
Hilton Worldwide Holdings (HLT) posted a 4.0% rise in revenue in 2016 after a 7.3% rise in 2015.
W.W. Grainger (GWW) recorded a 2.0% net sales growth in 2016 after flat growth in 2015.
Aetna (AET) recorded a 5.0% rise in revenue in 2016 and a 4.0% rise in 2015.
CenturyLink (CTL) posted a fall in revenue of 2.4% in 2016 after a 1.0% fall in 2015. Legacy services and the data integration segments drove the fall.
Nordstrom (JWN) recorded a 2.2% revenue growth in 2016 compared to a 7.0% growth in 2015. The growth was driven by the retail segment, which slowed down in 2016.
Hewlett Packard Enterprise (HPE) recorded a 4.0% fall in net revenue growth in 2016 compared to 6.0% in 2015.
Newmont Mining (NEM) had a 200% growth in EPS for the first half of 2017, driven by revenue growth and offset by higher costs and expenses.
In this series, we’ll be taking a look at the dividend yields of seven of the high tax bracket S&P 500 companies.
As of October 12, 2017, Honeywell (HON) has a one-year forward PE (price-to-earnings) multiple of 18.8x.
As of October 12, 2017, Honeywell (HON) is being tracked by 20 analysts. About 80.0% of them have recommended a “buy” for the stock.
As of October 12, 2017, analysts are expecting Honeywell to post 3Q17 EPS (earnings per share) of $1.74, a rise of 8.8% on a year-over-year basis.
As of October 12, 2017, analysts are expecting Honeywell (HON) to post revenue of $10.0 billion in 3Q17, a rise of approximately 2.0% on a year-over-year basis.
Honeywell (HON) is set to announce its 3Q17 earnings on October 20, 2017, during market hours. Since 2Q17, HON stock has risen 4.7%, and on a year-to-date basis, it has risen 23.8%.
Canadian Pacific Railway (CP) reported a 3.8% gain in railcar volumes to ~33,000 units last week, compared with ~32,000 railcars in the same week last year.
Last week, CNI’s railcar traffic fell 2.2% to 64,500 railcars, compared with ~66,000 units in the week ended October 8, 2016.
Kansas City Southen’s railcar traffic was ~27,000 units last year, compared with ~25,000 carloads in the week ended October 8, 2016.