Series of Companies Making a Difference Before the American Stock Market Session - 1

   

Travelers (TRV) - Insurance company, reported earnings of $ 4.91 per share, well above the consensus estimate of $ 3.18 per share. We can say that this income matches the street estimates. Travelers achieved a record 8.4 percent increase due to low disaster claims and renewal premiums. It also benefited from strong brokerage commitment results. Stocks rose 1.7 percent in trading as of 07:40 before the American stock market session.

Truist Financial (TFC) - The bank reported quarterly earnings of $ 1.18 per share, beating the consensus estimate of 97 cents per share. Revenue exceeded estimates thanks to Truist's record results in investment banking and commercial real estate businesses.

KeyCorp (KEY) - The bank's consumer mortgage and investment banking businesses' support for strong growth in revenue resulted in better-than-expected profits and revenue in the fourth quarter. Stocks rose 1 percent as of 07:40 in trading before the American stock market session.

Baker Hughes (BKR) - The oilfield services company reported a loss of 7 cents per share versus a consensus of 17 cents per share. Although the revenue was far beyond analysts' estimates, the company announced that they were satisfied with the 2020 performance and positioned themselves well in the current conditions, given the impact of the epidemic and the decline in the industry.

United Airlines (UAL) - United Airlines reported a loss of $ 7 per share, exceeding an estimated $ 6.60 loss rate. While the airline continued to feel the impact of the Covid-19 outbreak, revenue was also below estimates. United said it aims to reduce its annual costs by $ 2 billion by 2023 as it strives to move forward on the road to recovery. Source: https://www.cnbc.com/

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