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Zacks News
Westport HPDI 2.0 Drives Westport Fuel Amid Expense Woes
by Zacks Equity Research
Westport HPDI 2.0, which offers an environment-friendly robust performance of trucks, aids Westport Fuel (WPRT) to raise its share in the heavy-duty market.
Advance AutoParts' (AAP) Q2 Earnings Miss Estimates, Up Y/Y
by Zacks Equity Research
As of Jul 13, Advance AutoParts (AAP) operates 4,912 stores and 150 Worldpac branches.
Cooper-Standard (CPS) Hurt by Poor Sales and High Costs
by Zacks Equity Research
In second-quarter 2019, Cooper-Standard's (CPS) sales decline due to unfavorable volume, foreign exchange and sale of Anti-Vibration Systems. Also, rising commodity costs pose a threat.
Lower Production & Rising Costs Ail American Axle (AXL)
by Zacks Equity Research
Higher manufacturing costs resulting from tariffs, material freight and inflationary pressures, and program launch costs affect American Axle's (AXL) financials.
Toyota Partners with AI Start-Up to Develop Service Robots
by Zacks Equity Research
Toyota (TM) enlists Preferred Networks to introduce intelligent robots that can function autonomously around customer's home.
General Motors (GM) Rides on Truck Launches Amid Recall Woes
by Zacks Equity Research
General Motors (GM) aims to launch high-content, high-margin trucks.
Group 1 Automotive Rides on Earnings & Pricing Strategies
by Zacks Equity Research
Strong sales of used retail units in the United States are driving Group 1 Automotive's (GPI) revenues. Also, the Val-U-Line initiative boosts used vehicles' gross profit.
Honda's (HMC) China Venture to Recall 222,674 Accord Sedans
by Zacks Equity Research
Honda (HMC) outperforms the overall market in terms of vehicle sales in China.
Superior Industries' (SUP) Earnings Beat Estimates in Q2
by Zacks Equity Research
For 2019, Superior Industries (SUP) projects unit shipments of 19.5-19.9 million, which are likely to drive net sales to $1.39-$1.44 billion.
Magna (MGA) Earnings Surpass Estimates in Q2, Decline Y/Y
by Zacks Equity Research
Magna's (MGA) revenues surpass the Zacks Consensus Estimate in second-quarter 2019.
Westport Fuel (WPRT) Q2 Earnings Meet Estimates, Revenues Up
by Zacks Equity Research
Westport Fuel (WPRT) projects consolidated revenues from continuing operations of $285-$305 million for 2019, up from previously mentioned $265-$295 million.
Is CarMax (KMX) a Great Value Stock Right Now?
by Zacks Equity Research
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is CarMax (KMX) Outperforming Other Retail-Wholesale Stocks This Year?
by Zacks Equity Research
Is (KMX) Outperforming Other Retail-Wholesale Stocks This Year?
Toyota Gains From Product Development Plans, Hurt by Recalls
by Zacks Equity Research
Toyota (TM) is working on the development of gas-electric hybrid and expansion of FCVs. However, frequent recalls affect the company's reputation and add to expenses.
Autoliv's (ALV) Margins Under Pressure on Escalating Costs
by Zacks Equity Research
Autoliv's (ALV) gross margin is strained due to high raw material costs and effects of currency translation. Ramping up of products is also raising costs for the company.
Tenneco (TEN) Tops Q2 Earnings Estimates, Lowers 2019 View
by Zacks Equity Research
Tenneco's (TEN) revenues rise 78% year over year in second-quarter 2019.
Adient (ADNT) Q3 Earnings & Revenues Top Estimates, Down Y/Y
by Zacks Equity Research
Adient (ADNT) reports net loss of $321 million in fiscal third quarter compared with net income of $54 million in the prior-year quarter.
Tesla (TSLA) Rides on Model 3 Delivery Amid High Expenses
by Zacks Equity Research
Model 3 sedan delivery helps Tesla (TSLA) to overcome waning Model S sales. But huge investment in Model 3, Gigafactory & Supercharger is adding to its expenses.
Solid Segment Backlogs Aid Oshkosh (OSK) Amid High Costs
by Zacks Equity Research
Diverse end markets and strong backlogs across segments are expected to drive Oshkosh's (OSK) financials in fiscal 2019. However, the company is facing significant rise in raw material costs.
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.