Market Updates
U.S. Movers: Dela Air Lines, Walgreens, TSMC
Scott Peters
10 Jan, 2025
New York City
Walgreens Boots Alliance Inc. increased 14.4% to $10.55 after the pharmacy chain operator reported better-than-expected quarterly results.
Delta Air Lines Inc. gained 7% to $65.71 after the company reported better-than-expected quarterly results, and the company guided strong earnings and free cash flow in 2025.
Revenue in the December quarter increased to $1.7 billion from $1.3 billion, net income decreased to $843 million from $2.03 billion, and diluted earnings per share fell to $1.29 from $3.67 a year ago.
The company guided continued increases in revenue and higher demand for its premium products in 2025 and estimated pre-tax income of more than $6 billion, earnings per share of at least $7.35, and free cash flow to surpass $4 billion.
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