Check out the companies making headlines before the bell:
JP Morgan Chase (JPM) – The bank reported quarterly profit of $2.57 per share, beating the consensus estimate of $2.35 a share. Revenue also came in above estimates, boosted in part by strong results for fixed income.
Delta Air Lines (DAL) – The airline beat estimates by 30 cents a share, with quarterly profit of $1.70 per share. Revenue topped forecasts as well. CEO Ed Bastian told CNBC that the airline had a very strong holiday season and that Delta has had good success in de-commoditizing its business.
GameStop (GME) – GameStop said holiday season sales fell more than 25% and the videogame retailer also forecast a larger-than-expected drop in same-store sales for fiscal 2019.
McKesson (MCK) – McKesson raised its fiscal 2020 full-year outlook to $14.60 to $14.80 per share from the prior $14.00 to $14.60 a share. The drug distributor cited continued positive momentum in its business, and will give further details on its…