Q1 earnings

Norfolk Southern (NYSE: NSC) reached an all-time quarterly record operating ratio (OR) in the first quarter amid a 7% increase in operating income. Norfolk Southern's (NS) OR was 61.5% in the first quarter of 2021, compared with an adjusted OR of 63.7% in the first quarter of 2020. On an...

The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight the bullish news from the Q1 earnings season, latest reports from Tesla and UPS and more. The High Five 1. While analysts took down estimates for the first-quarter earnings season, some...

At this point, it’s hard to build up much suspense for Amazon’s (NASDAQ: AMZN) earnings. That’s in part due to the continued increase in online shopping, strong tailwinds from last year that are anticipated to endure, and because the company helpfully provides guidance for...

Trends so far during the first-quarter earnings season are supportive of truckload carriers posting sizable growth in 2021. February's severe winter storms had many analysts lowering estimates for the quarter heading into the print. The assumption was network disruption and lost freight...

UPS Inc. (NYSE: UPS) reported Tuesday first-quarter diluted earnings per share of $5.47, with about half of that coming from a $2.4 billion net benefit from favorable adjustments to its pension costs from COVID-19 relief legislation signed into law last month. On the operations side, it was a...

In Microsoft’s (NASDAQ: MSFT) last earnings conference call with analysts, CEO Satya Nadella opened with an upbeat and sweeping salvo on cloud platform Azure’s role in the emerging “second wave” of global digital transformation.  Despite all the fireworks, it...

There’s a cloud hanging over automakers these days, and it’s made of silicon. A global semiconductor shortage has been rippling through the auto industry, which needs chips for infotainment systems, engine management for better fuel economy, and power braking and steering. But...

U.S. Xpress' (NYSE: USX) first-quarter earnings release and subsequent conference call with analysts gave CEO Eric Fuller an opportunity to start putting some numbers on the impact of its Variant initiative, a truckload carrier inside a truckload carrier.  One number that was not released for...

Can the earnings growth continue for Facebook (NASDAQ: FB) after a record-smashing year last year for its stock price, revenue and number of users? In the short term, at least, the answer is expected to be yes. Analysts are confident that FB will once again meet or exceed estimates on the...

Without much doubt, Alphabet (NASDAQ: GOOGL) shares have come a long way. They’re up 4,371% since the first public offering in 2004, so it’s easy to think that GOOGL shows every sign of being a “mature” company. But GOOGL’s also shown an ability to reinvent...

The Daily Dash is a quick look at what's happening in the freight ecosystem. In today's edition, we highlight Knight-Swift's (NYSE: KNX) first-quarter earnings report, good news for drivers at Heartland Express and more. Just a reminder that the Net-Zero Carbon Summit will be held Thursday. Click...

Less-than-truckload carrier Old Dominion Freight Line (NASDAQ: ODFL) reported first-quarter earnings per share of $1.70, 12 cents better than the consensus estimate and significantly ahead of the year-ago result of $1.11. The Thomasville, North Carolina-based company reported a 14.1% year-over-...

First-quarter net income for Union Pacific (NYSE: UNP) fell 9% compared with a year ago amid a 4% decline in operating revenue. Net profit was $1.3 billion, or $2 per diluted share, compared with $1.5 billion, or $2.15 per diluted share, in the first quarter of 2020. Operating revenue was $5...

Approaching Q1 earnings a year ago, Boeing (NYSE: BA) investors would have probably loved to hear that by this time, the 737 Max would be back in the air, airlines would be ordering more of that particular plane, and daily U.S. passenger numbers would be around 10 times their deepest...

Prologis Inc. (NYSE: PLD) reported core funds from operations of 97 cents per share Monday, 3 cents ahead of the consensus estimate and 14 cents better than the year-ago quarter. The San Francisco-based logistics real estate investment trust said occupancy was steady in the quarter at 95.4% with...