Q1 earnings

The first-quarter 2021 earnings season for the Class I railroads is over. An optimistic volume outlook, especially for the second half of 2021, plans to improve operational efficiency and take market share away from trucks, and a proposed Class I Canadian railway merger with Kansas City Southern (...

The German shipping line Hapag-Lloyd is not one to bandy about words like "whopping" or "skyrocketed" or "best ever" when describing bottom-line financial results. But the bottom line is Hapag-Lloyd's first-quarter 2021 earnings before interest and taxes of $1.5 billion equaled the EBIT for all...

A sharp rise in April consumer prices put stocks under more pressure early Wednesday, but the data really shouldn’t come as much of a surprise.  We’re having an initial reaction now where everything sells off and rates are pushing higher, but we’ve already seen hints of this...

Walt Disney’s (NYSE: DIS) “Careers” page has openings for fireworks and special effects designers, suggesting the Magic Kingdom is gearing up to return its showpiece pyrotechnics to its parks, resorts, special events and even the Disney cruise lines as they all slowly reopen...

While quarter-over-quarter revenue dropped, Wayfair (NYSE: W) nonetheless exceeded analysts' expectations when it announced Q1 2021 earnings Thursday morning. The e-commerce firm reported revenue of $3.5 billion, up 49.2% year-over-year from Q1 2020's $2.4 billion. Quarter-over-quarter, though,...

On April 27th after market close, Advanced Micro Devices (NASDAQ: AMD) posted a strong earnings report giving Intel (NASDAQ: INTC) at least three reasons to worry. It managed to beat earnings and revenue while meeting gross margin expectations, its key metric. AMD's numerous product launches...

It’s been more than a week since Technology finished in the green. Tech stocks rose in pre-market trading, but can they maintain those early gains? That’s one question hanging over Wall Street today.  We’ll talk more about the trauma in Tech lower down. First, let’s...

As the saying goes: "Never let a good crisis go to waste." Before COVID struck, AP Moller-Maersk embarked on a transformation to become a global end-to-end logistics provider. The pandemic created an unexpected and unprecedented surge in cargo demand — which Maersk is now using to accelerate its...

Deutsche Post DHL Group (NASDAQ: DPSGY) reported on Wednesday strong first-quarter results that led the German transport and logistics giant to substantially increase full-year earnings guidance and cash flow targets. For the quarter, revenue rose 26% from 2020 levels to $22.7 billion, while free...

Last week was an important week in the first quarter earnings season. Tech titans such as Tesla (NASDAQ: TSLA), Amazon (NASDA: AMZN), Apple (NASDAQ: AAPL), Facebook (NASDAQ: FB) and Microsoft (NASDAQ: MSFT) delivered impressive results that eliminated any concerns that they can maintain the...

Logistics provider ArcBest Corp. (NASDAQ: ARCB) reported record first-quarter results Tuesday. Adjusted earnings per share were $1.01 compared to the consensus estimate of 58 cents per share and the year-ago result of 36 cents per share. Total revenue increased 18.2% year-over-year to $829 million...

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Pointing to strong freight demand, the expectation for improving intermodal rail service and a lack of drivers that will keep rates elevated, Schneider National (NYSE: SNDR) raised its 2021 earnings per share guidance Thursday. The new outlook calls for a range between $1.60 and $1.70, up from the...

Management from less-than-truckload carrier Saia (NASDAQ: SAIA) said they "look forward to delivering a strong second quarter" on a Wednesday call with analysts. Strong freight demand led the company to record first-quarter results and the trend has continued thus far through April. The Johns...

Less-than-truckload carrier Saia (NASDAQ: SAIA) reported first-quarter earnings per share of $1.40, 3 cents higher than the consensus estimate and 34 cents higher than the first quarter of 2020. The Wednesday press release noted the tax rate was 140 basis points lower year-over-year, which provided...