Uber posts first-ever adjusted profit as drivers return
The road ahead looks brighter than ever for the ride-hailing giant after posting an adjusted-EBITDA profit of $8 million.
The road ahead looks brighter than ever for the ride-hailing giant after posting an adjusted-EBITDA profit of $8 million.
Wayfair stock is down in the early hours of trading on Thursday after a lackluster quarter.
Saia Inc. has a market capitalization of $3.33 billion and has 169 trucking terminals in 44 states.
United Airlines lost $1.6 billion in the second quarter. Given that a pandemic has hammered passenger travel, that’s relatively good. Company officials say maintaining capacity discipline for the foreseeable future is critical to get back to profitability.
The airline plans to take 17 new cargo-friendly widebodies this year but doesn’t know when it will see any new 737 MAXs.
Indiana-based Cummins Inc. (NYSE: CMI) reported higher revenue and net income, but the power technology company’s second quarter earnings came in below analysts expectations. Cummins posted second quarter earnings of […]
Third-party logistics and multimodal transportation services company, Radiant Logistics, Inc. (RLGT), reported earnings of $0.11 per share for the quarter ending March 31, 2019 (RLGT’s third fiscal quarter 2019), $0.04 […]
Schneider National, Inc. held a call with analysts and media to discuss earnings results. Most of the call focused on explaining what occurred in the first quarter and how the company will achieve its lowered guidance.
Atlas Air held a conference call to discuss its first quarter 2019 results. There were several questions of interest asked on the call.
Werner Enterprises, Inc. reported non-GAAP adjusted earnings per share (EPS) of $0.52, $0.03 ahead of the consensus estimate.
Manhattan Associates, Inc. held a call with investors to discuss its first quarter 2019 earnings results which were ahead of analysts’ forecasts on an adjusted basis.
Panalpina reported $0.82 (Swiss Francs, or CHF) per share in earnings for the first quarter of 2019 compared to $0.72 CHF for the same period last year.
Alain Bédard says Canadian transport giant expects growth and acquisitions to continue on both sides of border.
Delphi Technologies (NYSE: DLPH) beat Wall Street’s consensus expectations of its fourth quarter non-GAAP earnings per share (EPS) of $0.88 by 20 percent according to Seeking Alpha. However, quarterly EPS decreased 14.5 percent year-over-year (Y/Y) from $1.24 to $1.06.
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.
WABCO Holdings Inc. (NYSE: WBC) beat Wall Street’s consensus fourth quarter expectations of non-GAAP earnings per share (EPS) of $1.98 by over 7 percent and GAAP EPS of $1.97 by over 11 percent according to Seeking Alpha.
Bridgestone Corporation (OTC US: BRDCF) 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.
Dana Inc. (NYSE: DAN) beat Wall Street’s consensus revenue expectations of $1.91 billion for the fourth quarter of 2018.
BorgWarner Inc. (NYSE: BWA) beat Wall Street’s consensus revenue expectations of $2.55 billion for the fourth quarter of 2018, even though the company’s sales decreased 0.5 percent year-over-year (Y/Y), from $2.586 billion to $2.572 billion.
Radiant Logistics (NYSE: RLGT) achieved record revenue of $260.9 million in the company’s fiscal second quarter (the fourth quarter of 2018).
Goodyear Tire and Rubber (NASDAQ: GT) missed consensus revenue expectations of $4.05 billion.
Trimble Inc. (NASDAQ: TRMB) reported on February 6 that fourth quarter non-GAAP revenue increased 13 percent year-over-year (Y/Y) from $701.1 million in the fourth quarter of 2017 to $792.9 million in 2018.
FleetCor Technologies (NYSE: FLT), which provides fuel cards and workforce payment products and services, beat Wall Street’s consensus estimates for its fourth quarter earnings.
Genesee & Wyoming, Inc. (NYSE: GWR) beat fourth quarter revenue consensus estimates by $4.89 million. Revenue was expected to decrease by 0.2 percent year-over-year (Y/Y), but it increased 0.7 percent Y/Y from $571.6 million to $575.6 million, according to Seeking Alpha. GWR also beat fourth quarter consensus earnings per share (EPS) estimates of $0.89 by $0.11 to $1.00.
ArcBest posted excellent operating results for the third quarter, but executives failed to clarify the company’s pension liabilities, which were the subject of a controversial short seller report last month.
Ryder System (NYSE: R) reported record total revenue and record operating revenue for the third quarter. Both total and operating revenue grew across all business segments, which the company attributed to new business and higher volumes.