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Zacks News
Expeditors' (EXPD) Q3 Earnings Beat Estimates, Increase Y/Y
by Zacks Equity Research
Higher airfreight revenues boost Expeditors' (EXPD) Q3 performance.
Air Transport Services (ATSG) Q3 Earnings Top, Increase Y/Y
by Maharathi Basu
Higher revenues from both the primary segments of Air Transport Services (ATSG) aid its Q3 results.
Schneider's (SNDR) Q3 Earnings Meet Estimates, Decline Y/Y
by Zacks Equity Research
Weak truckload revenues weigh on Schneider's (SNDR) Q3 earnings, which fall 3.1% year over year.
Spirit (SAVE) Q3 Loss Narrower Than Expected, Shares Pop
by Zacks Equity Research
Spirit's (SAVE) Q3 results were aided by significant reduction in operating expenses amid continued weakness in air-travel demand as a result of coronavirus.
Werner (WERN) Beats Q3 Earnings Estimates, Revenues Miss
by Zacks Equity Research
Reduction in operating expenses aid Werner's (WERN) bottom line in Q3. However, lower fuel surcharge and logistics revenues weigh on the top line.
Wabtec (WAB) Q3 Earnings Top Estimates, 2020 EPS View Bullish
by Zacks Equity Research
Coronavirus-led disruptions hurt Wabtec's (WAB) Q3 sales. Improvement in the operating ratio is, however, a positive.
UPS Q3 Earnings Beat, Rise Y/Y on Solid Average Daily Volumes
by Zacks Equity Research
UPS' Q3 results are aided by robust revenues at all its reporting segments. However, the company refrains from providing earnings per share and revenue view.
Norfolk Southern (NSC) Q3 Earnings Beat, Revenues Fall Y/Y
by Zacks Equity Research
Norfolk Southern's (NSC) Q3 earnings benefit from low costs. However, decline in volumes weigh on the top line.
C.H. Robinson (CHRW) Shares Slip Despite Q3 Earnings Beat
by Zacks Equity Research
C.H.Robinson's (CHRW) Q3 earnings decline 6.5% year over year despite revenues increasing 9.6% owing to higher pricing and expanded volumes across most of the company's service lines.
Company News for Oct 23, 2020
by Zacks Equity Research
Companies in the news are: TSLA, CSX, XLNX, KO
CSX Tops Q3 Earnings Estimates, Shares Up on New $5B Buyback
by Zacks Equity Research
Reduced costs aid CSX's Q3 results. The company's board approves a new share buyback program, worth $5 billion, on top of $1.1 billion already remaining under the existing share repurchase program.
Tesla (TSLA) Posts 5th Straight Quarter of Profit; Plus CMG, CSX, WHR Beat
by Mark Vickery
Earnings for Tesla (TSLA) have come in at 76 cents per share is well beyond the Zacks consensus 55 cents.
CSX (CSX) Q3 Earnings Surpass Estimates
by Zacks Equity Research
CSX (CSX) delivered earnings and revenue surprises of 3.23% and -2.09%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
Verizon (VZ), Abbott (ABT), Thermo Fisher (TMO) Report Q3; Tesla (TSLA) After the Bell
by Mark Vickery
Thermo Fisher (TMO) posted a big beat this morning, while Verizon (VZ) and Abbott (ABT) topped expectations more mildly.
Earnings Data Deluge
by Zacks Equity Research
Earnings Data Deluge
Kansas City Southern's (KSU) Q3 Earnings Beat, Revenues Lag
by Zacks Equity Research
Kansas City Southern's (KSU) Q3 earnings benefit from substantial reduction in operating expenses. However, weak volumes weigh on revenues.
Analysts Estimate CSX (CSX) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
CSX (CSX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
What's in Store for CSX Q3 Earnings Amid Coronavirus Woes?
by Zacks Equity Research
Increase in Coal and Intermodal volumes are likely to get reflected in CSX's September- end quarter performance.
Here's Why You Should Keep an Eye on the CSX Stock for Now
by Zacks Equity Research
Cost-control measures are supporting CSX's bottom line. The company's sound liquidity position is an added positive.
CSX (CSX) Up 3.3% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
CSX (CSX) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Soft Volumes Ruin Railroads' Q2 Earnings Show: What Next?
by Maharathi Basu
The adoption of the precision scheduled railroading model by key railroads is helping them curb costs and ramp-up efficiencies, thereby countering the scenario of dull revenue recognition.
Stock Market News for Jul 23, 2020
by Zacks Equity Research
Wall Street closed higher on Wednesday buoyed by good news from coronavirus treatment front and possible injection of fresh stimulus by the U.S. government.
CSX Q2 Earnings & Revenues Miss on Coronavirus-Led Weak Volumes
by Zacks Equity Research
Reduced economic activity as a result of coronavirus weighs on CSX's Q2 performance.
CSX (CSX) Q2 Earnings and Revenues Lag Estimates
by Zacks Equity Research
CSX (CSX) delivered earnings and revenue surprises of -2.99% and -2.21%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Railroads' Near-Term Outlook Looks Dim on Coronavirus Woes
by Eshani Haque
Low volumes due to coronavirus-induced global economic slowdown are likely to hurt railroads' near-term prospects.