From Zacks: Encouraged by an expanding economy, employment gains, higher consumer confidence, surging household net worth, and persistently low fares, a higher number of Americans are planning to fly to their favorite spring destination.
With Monday being an abbreviated trading session ahead of the July 4th market holiday next Tuesday, and hearing that AAA is reporting that this weekend/Independence Day travel will set all-time records, we are expecting choppy markets and potential issues with liquidity if portfolio managers stay away from their offices until mid-next week.
From StockNews.com: Priceline Group Inc (NASDAQ:PCLN) is slated to deliver its latest quarterly earnings results after the closing bell today, and it’s safe to say the stock is priced to perfection.
From StockNews.com: Delta Air Lines, Inc. (NYSE:DAL) early Thursday posted in-line Q4 earnings results and offered a somewhat upbeat forecast for Q1, as it seeks to expand margins in the second half of 2017.
Ski resort operator Vail Resorts, Inc. (NYSE:MTN) early Friday posted much worse than expected first quarter earnings results, as both EPS and revenue came in below estimates.
Online travel giant Priceline Group Inc (NASDAQ:PCLN) received some very bullish notes from analysts at Stifel Nicolaus this morning.
Online travel agent and reviews site Tripadvisor Inc (NASDAQ:TRIP) late Tuesday posted mixed third quarter earnings results and warned that its 2017 margins would fall, sending its shares plunging in after-hours trading.
American Airlines Group Inc (NASDAQ:AAL) this morning posted market-beating Q3 earnings, despite a revenue downturn from last year.
Cruise ship operator Carnival Corp (NYSE:CCL) this morning posted better-than-expected Q3 earnings results and offered an in-line Q4 outlook, as higher sales and lower fuel costs benefitted its bottom line.