Delta airline has
outperformed in its industry and produced higher than expected pretax income.
The pre-tax income of the delta airline
is around $2.7 billion. The increase in its pre-tax income is around 71% year
on year basis, and the margins of its pre-tax expanded by 2.8%. The growth of
the company in the Middle East was around 6% in fiscal year 2013, and the
increase in China, Asia Pacific were also 6%. The company managed to decrease
its adjusted debt in fiscal year 2013 from $17 billion to $9.3 billion. The
reduction in its debt helped it to reduce the interest by 35% in fiscal year
2013. The company’s stock price has also surged by 130% in fiscal year 2013,
and in S&P 500 index it was in the 4th best performing stock.
The company’s stock has been growing in the past continuously and is expected
to grow in future as well.
Wednesday, April 16, 2014
There is no stopping in the stock market for Boeing.
BA stocks have a
direct correlation with the company’s production and revenues. The higher the
production based on demand, the higher revenues will be generated, and the
higher revenues will lead towards the higher dividends which will reflect on
the BA stocks higher demand. The air
travel demand is increasing each day as the people across the globe are
traveling at higher numbers than before. The demand for aircrafts is increasing
and that can be a huge opportunity for Boeing. The estimated demand of
aircrafts by the end of year 2032 is estimated to be around 35,000 or may be
more, and that will help Boeing to increase its production as well as its
revenues. The value of the 35k air crafts is estimated to be around $4
trillion. The Boeings earnings per share increased around 20% in fiscal year
2013, and in next twelve month the BA stock price is estimated to surge up to
$167.
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