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After Crashes, 737 MAX Could Take Center Stage As Boeing Reports
Thursday, April 18, 2019 - 2:06pm | 1520There’s an elephant in the room—an elephant arguably the size of a 737 MAX airliner—as Boeing Co (NYSE: BA) prepares to report Q1 earnings this coming Wednesday morning. Investors could be on the edge of their seats waiting for Boeing to provide more clarity on aircraft...
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Losing Energy: Sector Could See Earnings Fall In Q1 In Challenging Environment
Wednesday, April 17, 2019 - 3:31pm | 1263If you want to know why many analysts expect S&P 500 Q1 earnings to fall, look no further than the Energy sector. Companies that suck crude out of the earth, process it, and sell refined products to consumers could face a worse than 20% year-over-year earnings decline, assuming Wall Street...
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In-Line First Quarter For Panalpina
Wednesday, April 17, 2019 - 2:04pm | 897Panalpina, an international freight forwarding and logistics company, 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. This is an "in-line report" for the Swiss company according to Seeking...
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J.B. Hunt Blames Weak Intermodal Freight Volumes, Weather And Tariff Concerns For First Quarter Earnings Shortfall
Wednesday, April 17, 2019 - 11:20am | 841J.B. Hunt (NASDAQ: JBHT) blames its earnings and revenue shortfall on weak intermodal freight volumes, harsh winter weather and concerns about possible tariffs on Chinese imports in its first quarter earnings report on April 15. The Lowell, Arkansas-based company reported earnings of $119....
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Hot, Fresh Earnings On The Menu As Netflix, Morgan Stanley Results In Focus
Wednesday, April 17, 2019 - 9:56am | 2307Wall Street took on a slightly green tint early Wednesday as investors sorted through another bag of hot, fresh earnings. Morgan Stanley’s (NYSE: MS) latest quarter got an early thumbs up from investors, but Netflix.com, Inc. (NASDAQ: NFLX) appeared to get a thumbs down. Morgan Stanley...
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April's Markets Face Global Issues, Quarterly Earnings Season
Thursday, March 28, 2019 - 11:33am | 1493Unlike last month, which dawned with key deadlines looming and a Fed meeting in the wings, April begins with a pretty wide runway leading up to the start of earnings season at mid-month. Some of the worst-case scenarios investors appeared worried about a month ago don’t appear to be as...
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Yields In Focus Again As 10-Year Falls Below 2.4%; Homebuilder Earnings Digested
Wednesday, March 27, 2019 - 9:57am | 2172The interest rate shuffle might continue today, with U.S. stocks apparently taking their cue from what’s going on in the Treasury market. A negative tone prevailed early as yields sank again. A few weeks ago, stocks and Treasuries were both marching upward in sync, which is a bit unusual. Now...
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Nike Shares On A Run As Company Prepares To Deliver Q3 Earnings
Thursday, March 21, 2019 - 10:33am | 972For one more hint about how the retail sector is faring, investors might want to consider glancing at athletic apparel giant Nike Inc.’s (NYSE: NKE) fiscal Q3 earnings, which are scheduled for release after the closing bell Thursday. Nike is one of the last major companies to report for the...
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Global Barometer: Oracle Earnings Could Provide Insight On Economy
Thursday, March 14, 2019 - 10:52am | 929Anyone seeking insight into the global economic picture might want to pay attention Thursday after the U.S. closing bell when computer technology corporation Oracle Corporation (NYSE: ORCL) delivers its fiscal Q3 earnings. A big thing to consider looking for from ORCL is the company...
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Back To The Hill: Powell Returns To Capitol As Investors Digest Best Buy, Lowe's Earnings
Wednesday, February 27, 2019 - 10:56am | 2245For the second straight day, investor attention could zero in on Capitol Hill as Fed Chair Jerome Powell takes the mic to address elected officials on the economy. He delivered a pretty dovish message yesterday, but markets didn’t appear to move too much in response. Other than the Powell...
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Allison Transmission Guides Down Hard For 2019
Tuesday, February 26, 2019 - 12:08pm | 485Allison 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 | 987A 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 | 785Universal 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 | 1489Sydney, 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 | 1140Sydney-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...