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Zacks News
Copart (CPRT) Catches Eye: Stock Jumps 6.5%
by Zacks Equity Research
Copart (CPRT) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.
Auto Stock Roundup: CNH Industrial's Spin-Off, Ford Recalls & More
by Zacks Equity Research
CNH Industrial (CNHI) plans to separate the IVECO truck business from the agriculture and construction business, while recalls more than 550,000 trucks and SUVs in North America to resolve the vehicles' seat-back issue.
Copart (CPRT) Q4 Earnings & Revenues Top Estimates, Up Y/Y
by Zacks Equity Research
Copart's (CPRT) net income surges 39.9% year over year to $153.5 million in Q4.
Will Copart's (CPRT) Expansion Drive Bolster Q4 Earnings?
by Zacks Equity Research
High activity levels in the United States and expansion efforts in European markets, primarily in the United Kingdom and Germany, are likely to boost Copart's revenues in fourth-quarter fiscal 2019.
Copart Announces Capacity Expansion at East Georgia Location
by Zacks Equity Research
Copart (CPRT) focuses on expanding its storage capacity throughout the United States and overseas to meet growing customer demand.
American Axle (AXL) Q2 Earnings Miss Estimates, Down Y/Y
by Zacks Equity Research
American Axle (AXL) expects sales of $6.9-$7 billion for 2019, down from $7.3-$7.4 billion stated earlier.
Cooper-Standard (CPS) Q2 Earnings Lag Estimates, Down Y/Y
by Zacks Equity Research
For 2019, Cooper-Standard (CPS) anticipates sales of $3-$3.2 billion compared with the earlier estimates of $3.2-$3.4 billion.
Toyota Motor (TM) Q1 Earnings and Revenues Beat Estimates
by Zacks Equity Research
For fiscal 2020, Toyota Motor (TM) expects consolidated vehicle sale of 9 million units, unchanged from the previous forecast.
Honda (HMC) Sees 16% Y/Y Decline in Q1 Operating Profit
by Zacks Equity Research
Honda's (HMC) revenues decline 0.7% year over year to 4 trillion yen in the first quarter of fiscal 2020.
CNH Industrial's (CNHI) Q2 Earnings Beat Estimates, Rise Y/Y
by Zacks Equity Research
In second-quarter 2019, CNH Industrial's (CNHI) adjusted net income rose to $430 million from $397 million recorded in the year-ago quarter.
Oshkosh (OSK) Q3 Earnings & Revenues Beat Estimates, Up Y/Y
by Zacks Equity Research
For fiscal 2019, Oshkosh (OSK) anticipates consolidated operating income in the range of $760-$775 million.
Allison (ALSN) Beats Earnings and Revenue Estimates in Q2
by Zacks Equity Research
For 2019, Allison (ALSN) anticipates net sales in the range of $2.63-$2.71 billion.
General Motors (GM) Q2 Earnings Beat Estimates, Down Y/Y
by Zacks Equity Research
The sale of General Motors' (GM) Chevrolet Silverado and GMC Sierra light-duty crew cabs sees robust growth in second-quarter 2019.
Meritor (MTOR) Q3 Earnings Surpass Estimates, Improve Y/Y
by Zacks Equity Research
Meritor's (MTOR) adjusted EBITDA increases 8% year over year to $146 million on higher revenues and aftermarket pricing actions in Q3; partly offset by high material costs.
Penske Automotive (PAG) Lags Q2 Earnings & Revenue Estimates
by Zacks Equity Research
Penske Automotive's (PAG) Q2 gross profit amounts to $867.8 million compared with $889.8 in the year-ago quarter.
Johnson Controls (JCI) Q3 Earnings, Revenues Top Estimates
by Zacks Equity Research
Johnson Controls (JCI) anticipates fiscal 2019 adjusted EPS from continuing operations to be $1.93-$1.95, suggesting a 21-23% increase from the year-ago reported figure.
Cummins (CMI) Earnings and Revenues Miss Estimates in Q2
by Zacks Equity Research
For 2019, Cummins (CMI) expects revenues to be in the low end of the previously mentioned range of flat to 4%.
Cooper Tire (CTB) Lags Q2 Earnings and Revenue Estimates
by Zacks Equity Research
Cooper Tire's (CTB) Q2 operating profit amounts to $31.7 million compared with $32.8 in the year-ago quarter.
Lear (LEA) Lags Q2 Earnings & Revenue Estimates, Down Y/Y
by Zacks Equity Research
Lear's (LEA) second-quarter adjusted margin in the Seating and E-Systems segments are 8.2% and 8% of sales, respectively.
Goodyear (GT) Earnings Miss Estimate in Q2, Decline Y/Y
by Zacks Equity Research
Goodyear's (GT) revenues in second-quarter 2019 decline year over year, thanks to currency fluctuations, lower volume and reduced sales from other tire-related businesses.
Sonic Automotive (SAH) Q2 Earnings & Revenues Beat Estimates
by Zacks Equity Research
In second-quarter 2019, Sonic Automotive's (SAH) revenues from the sale of total used vehicles rise 16.1% to $885.6 million.
Standard Motor (SMP) Q2 Earnings & Revenues Top Estimates
by Zacks Equity Research
Strong performance of operating divisions drives Standard Motor's (SMP) earnings in the second quarter of 2019.
Group 1 Automotive (GPI) Q2 Earnings Beat Estimates, Up Y/Y
by Zacks Equity Research
Stellar performance in the U.S. aids Group 1 Automotive's (GPI) results in second-quarter 2019.
BorgWarner's (BWA) Q2 Earnings Meet, Revenues Top Estimates
by Zacks Equity Research
For third-quarter 2019, BorgWarner's (BWA) net organic sales are expected to be down 1.5% to up 1.5% from net sales of $2.48 billion in the year-ago quarter.
Ford's (F) Earnings Surpass Estimates in Q2, Improve Y/Y
by Zacks Equity Research
Ford (F) records adjusted EBIT and EBIT margin of $1.7 billion and 4.3% in the second quarter of 2019, respectively.