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Allison Transmission Guides Down Hard For 2019
Tuesday, February 26, 2019 - 12:08pm | 485Read More...Allison Transmission Holdings (NYSE: ALSN) released its results for the fourth quarter of 2018 this evening after trading. ALSN is "the world's largest manufacturer of fully automatic transmissions for medium- and heavy-duty commercial vehicles", according to the release. The company...
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Analysts React To Expeditors' Q4 Results
Monday, February 25, 2019 - 2:19pm | 987Read More...A week after Expeditors International (NASDAQ: EXPD) released its fourth quarter earnings results – a healthy earnings beat on cost control and spiking pulled-forward ocean volumes – Wall Street equities analysts have reissued price targets along a wide spectrum. Of the notes obtained...
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Universal Logistics Reports Record 4th Quarter, Declares Regular And Special Dividend
Friday, February 22, 2019 - 12:21pm | 785Read More...Universal Logistics (NASDAQ: ULH) closed out 2018 with the highest quarterly revenue ever reported, capping eight consecutive quarters of record growth. The transportation and logistics services company reported record-high fourth-quarter operating revenues of $386.4 million, a 23 percent increase...
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WiseTech Knocks Company Earnings Out Of The Ballpark
Thursday, February 21, 2019 - 11:46am | 1489Read More...Sydney, Australia-headquartered customs and logistics software provider WiseTech Global (ASX: WTC) yesterday released details of massive increases in revenues and profits. ASX-listed WiseTech reported that total revenues increased by 68 percent (AU$93.4 million/ USD$67 million) in the July-...
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Solid Company Earnings Results For Qube
Thursday, February 21, 2019 - 11:40am | 1140Read More...Sydney-headquartered multi-modal logistics operator Qube has announced "solid" company earnings today. ASX-listed Qube revealed a small increase in revenues and a large increase in profits. Financial summary Australia's financial year runs from July to June. In the first half of the...
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Targa Misses Fourth Quarter Consensus Revenue Target
Wednesday, February 20, 2019 - 6:57pm | 945Read More...Targa Resources Corp. (NYSE: TRGP) missed Wall Street's fourth quarter consensus revenue expectations of $2.74 billion. The company's revenue decreased nearly 3.9 percent year-over-year (Y/Y) from over $2.7 billion to nearly $2.6 billion. According to Seeking Alpha, Targa missed the revenue...
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Walmart Earnings Give Amazon A Run For Its Money
Wednesday, February 20, 2019 - 11:08am | 545Read More...Walmart Inc's (NYSE: WMT) latest earnings report beat analysts' expectations today, with e-commerce sales growing by 43 percent during the company's fourth quarter (November 2018-January 2019). The company's online sales growth hit 40 percent for all of 2018. Riding the wave,...
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Bridgestone Misses Consensus EPS For 2018
Monday, February 18, 2019 - 12:41pm | 488Read More...Annual EPS Bridgestone Corporation missed Wall Street's consensus expectations for its annual earnings per share (EPS) of SEN (Yen) 401.86 or $3.55 by over 3 percent. (All values will be converted to U.S. dollars based on 1 USD = 113 SEN exchange rate established in the company's...
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Dana Inc. Beats Q4 And Full-Year 2018 Expectations
Friday, February 15, 2019 - 3:43pm | 744Read More...(IMAGE: JIM ALLEN/FREIGHTWAVES) Dana Inc. (NYSE: DAN) beat Wall Street's consensus revenue expectations of $1.91 billion for the fourth quarter of 2018. Quarterly sales increased 7 percent year-over-year (Y/Y) from $1.837 billion to $1.973 billion. Dana beat consensus revenue estimates by...
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Forward Air Posts Record Quarterly, Annual Results Across Broad Front
Friday, February 8, 2019 - 1:05pm | 514Read More...Expedited surface transport firm Forward Air Corporation (NASDAQ: FWRD) today posted record quarterly and full-year results in revenue, operating income and earnings before interest, taxes, depreciation and amortization (EBITDA). In addition, the Greeneville, Tennessee-based company, whose...
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Old Dominion Beats Q4 Earnings Estimates, Keeps OR Below 80 Mark
Thursday, February 7, 2019 - 1:03pm | 744Read More...Old Dominion Freight Line (NASDAQ: ODFL) beat analyst consensus on both earnings per share (EPS) and revenue in the fourth quarter of 2018. The company reported EPS of $1.95, surpassing Seeking Alpha's reported estimate of $1.76. The less-than-truckload (LTL) giant also beat estimates on...
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Weak Eurozone Forecast Add To Concerns About Global Growth
Thursday, February 7, 2019 - 12:39pm | 1813Read More...Wall Street appears to be back in worry mode. After a strong start to the new year as decent corporate earnings helped the market shrug at the continued overhang from global economic growth fears, fresh data from Europe seems to have ratcheted up that fretting. The European Commission cut its...
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Jobs Report Beats Expectations, Adding To Week Of Market-Boosting Economic News
Friday, February 1, 2019 - 11:27am | 1642Read More...As a new month got underway, investors had their second helping of big economic news this week in the form of the government’s jobs report for January, which came after the Fed meeting earlier this week helped boost the market. For the second month in a row, job creation in the United...
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Market Seems Generally Pleased With Earnings Results, But Geopolitics Still Weigh
Thursday, January 24, 2019 - 11:58am | 1483Read More...Earnings reports from major companies seem to generally be providing a positive counterpoint to ongoing geopolitical anxieties. But market gains have been slight as concerns about global economic growth linger as the U.S.-China trade war shows little sign of a resolution, the U.S. government...
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FedEx's Fiscal Second Quarter Results Hit by Weak European Economies, Unfavorable Mix at TNT Express
Wednesday, December 19, 2018 - 10:46am | 833Read More...Transport giant FedEx Corp. (NYSE:FDX) late today reported weaker-than-expected fiscal 2019 second-quarter results, weighed down by a rapid deceleration of Eurozone and U.K. economies and a less-profitable mix of traffic from TNT Express, the Dutch delivery firm that FedEx acquired for US $4.8...














