third-quarter earnings

The Eastern U.S. railroad said it expects preliminary operating revenue of $2.5 billion and operating expenses of $1.67 billion in the third quarter of 2020.

Daimler AG reported high sales and earnings in the third quarter but is cautioning that tougher times lie ahead for its Mercedes-Benz car and Daimler Trucks businesses.

The company warned of its upcoming poor performance in September but still missed analyst’s earnings estimates.

With U.S. rail volumes slumping in the third quarter, can PSR soften that blow to the rail’s bottom line?