BUSINESS

Major U.S. Companies Report Quarterly Earnings Beats

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United States: Major corporations reported quarterly earnings this week, showing mixed results that generally beat Wall Street forecasts. Delta Air Lines posted $1.22 billion in fourth-quarter net income on Tuesday, with revenue of $16 billion and updated guidance for the next quarter. Bank of America reported $7.65 billion in fourth-quarter net income and revenue of $46.88 billion on Wednesday. B. Riley Financial posted $91.1 million profit in its third quarter, while Calavo Growers reported $3.8 million in fiscal fourth-quarter net income. Companies cited adjusted per-share figures, Zacks estimates and public SEC filings. Based on 6 articles reviewed and supporting research.

Prepared by Christopher Adams and reviewed by editorial team.

Timeline of Events

Tuesday: Delta Air Lines reported Q4 net income of $1.22 billion and revenue of $16 billion.
Wednesday: Bank of America reported Q4 net income of $7.65 billion and revenue of $46.88 billion.
Wednesday: B. Riley Financial reported $91.1 million profit for its third quarter with $2.91 EPS.
Wednesday: Calavo Growers reported fiscal Q4 net income of $3.8 million and annual profit of $19.8 million.
Post-release: Outlets republished AP summaries using Zacks data and Automated Insights templates for public dissemination.