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Zacks News
Markets Await Economic and Earnings Data
by Zacks Equity Research
Markets Await Economic and Earnings Data
United Airlines (UAL) Removes Boeing 777 Jets From Service
by Zacks Equity Research
None of the passengers or crew members were injured due to the engine failure of a United Airlines (UAL) plane.
Big Week Coming Up; Cooper Tire (CTB) Gets Traction with Buyout
by Mark Vickery
Cooper Tire's (CTB) earnings miss for the most recent quarter and fiscal year has been eclipsed by its being bought out by Goodyear (GT) for $2.8 billion.
Zacks Industry Outlook Highlights: Azul, Gol Linhas, Delta Air Lines, United Airlines and American Airlines
by Zacks Equity Research
Zacks Industry Outlook Highlights: Azul, Gol Linhas, Delta Air Lines, United Airlines and American Airlines
Airlines Q4 Earnings Signal Recovery: Will This Optimism Stay?
by Maharathi Basu
Bettering air-travel demand scenario can be evaluated from the fact that the Q4 losses of Delta (DAL), United Airlines (UAL) and American Airlines (AAL) are narrower than the Q3 readings.
United (UAL) Up 5.6% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
United (UAL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Wabtec (WAB) Q4 Earnings & Revenues Miss Estimates, Fall Y/Y
by Zacks Equity Research
Wabtec's (WAB) Q4 results are hurt by weak revenues from freight equipment, components, digital electronics and transit aftermarket sales.
Triton's (TRTN) Q4 Earnings Surpass Estimates, Surge Y/Y
by Zacks Equity Research
Triton's (TRTN) Q4 results benefit from higher revenues, thanks to strong leasing demand and increased sale prices for used containers.
Expeditors' (EXPD) Q4 Earnings Beat Estimates, Rise Y/Y
by Zacks Equity Research
The phenomenal rise in airfreight revenues aids Expeditors' (EXPD) Q4 results.
Ryder (R) Stock Down on Q4 Earnings Miss, Tepid Q1 Guidance
by Zacks Equity Research
Lower fuel revenues and commercial rental revenues hurt Ryder's (R) fourth-quarter 2020 results.
Copa Holdings (CPA) Q4 Loss Wider Than Expected, Revenues Down
by Zacks Equity Research
Copa Holdings' (CPA) fourth-quarter 2020 results are significantly hurt by 77.6% decline in passenger revenues, thanks to the coronavirus outbreak.
Stock Market News for Feb 9, 2021
by Zacks Equity Research
Wall Street closed sharply higher on Monday on expectations of a fresh trench of large fiscal stimulus.
SkyWest (SKYW) Incurs Loss in Q4, Revenues Plunge 21% Y/Y
by Zacks Equity Research
SkyWest's (SKYW) Q4 results are hurt by lower revenues due to significant cut in the number of scheduled flights, thanks to the coronavirus pandemic.
Werner's (WERN) Q4 Earnings Beat Estimates, Increase Y/Y
by Zacks Equity Research
Werner's (WERN) Q4 results benefit from reduced operating expenses and higher logistics revenues. However, lower fuel surcharge revenues hurt performance.
Schneider (SNDR) Q4 Earnings & Revenues Beat Estimates, Rise Y/Y
by Zacks Equity Research
Schneider's (SNDR) Q4 results benefit from higher revenues at the intermodal and logistics segments.
Allegiant (ALGT) Posts Narrower-Than-Expected Loss in Q4
by Zacks Equity Research
Allegiant's (ALGT) fourth-quarter results are hurt by 46.1% fall in passenger revenues. Nevertheless, reduced fuel costs are aiding.
Airlines Earnings Mixed: ETF Appears a Contrarian Bet
by Sanghamitra Saha
Airlines earnings are anything but upbeat. However, some companies beat on top-line estimates, showing a feeble hope for recovery. Investors with strong stomach for risks can thus bet on this undervalued sector ETF to cash in on vaccine rollout and economic optimism.
Airline Stock Roundup: AAL, LUV & Others Post Loss for Q4, UAL in Focus
by Maharathi Basu
Declining passenger revenues dent the Q4 results of American Airlines (AAL) and Southwest Airlines (LUV) among others.
UPS Q4 Earnings & Revenues Beat on Surge in Online Shopping
by Zacks Equity Research
UPS' Q4 top line rises 21% to $24.9 billion with revenues increasing in double digits in all three segments.
Airlines Drag Down Transportation Q4 Earnings: ETFs in Focus
by Sweta Killa
The Q4 earnings reports have led to rough trading in transport ETFs over the past 10 days.
Ryanair (RYAAY) Q3 Loss Narrower Than Expected, Revenues Lag
by Zacks Equity Research
Ryanair's (RYAAY) Q3 results are hurt by significant decline in traffic due to travel restrictions imposed by European Union governments.
JetBlue Airways (JBLU) Posts Q4 Loss Amid Coronavirus Woes
by Zacks Equity Research
Average daily cash burn in Q4 is $6.7 million at JetBlue Airways (JBLU).
Kirby's (KEX) Q4 Earnings Beat, Decline Y/Y on Low Revenues
by Zacks Equity Research
Kirby's (KEX) Q4 results are hurt by decline in revenues at the marine transportation, and distribution and services segments, stemming from the coronavirus-induced weak economic conditions.
GATX Corp (GATX) Misses on Q4 Earnings, Stock Down 3.3%
by Zacks Equity Research
Lower profitability in the Rail North America segment and below-par performance in the Portfolio Management unit hurt GATX Corp's (GATX) fourth-quarter 2020 earnings.
Southwest (LUV) Q4 Loss Narrower Than Expected, Revenues Lag
by Zacks Equity Research
Southwest's (LUV) Q4 results are hurt by continued weakness in air-travel demand amid coronavirus. Further adding to its woes, the carrier is seeing stalled demand for January and February.