Q4 Earnings

ELDs are proving to be a headwind at Trimble.  In releasing the company's fourth-quarter 2019 earnings Wednesday, executives at Trimble TRMB (NASDAQ: TRMB) on a conference call with analysts discussed how there has been a need for extensive investment in the company's ELD operations and that it...

The beverage and snack giant Pepsi Co Inc (NASDAQ: PEP) topped Wall Street estimates for its fourth-quarter earnings and revenue. The only blurry side of the picture is the 2020 outlook that is below expectations. And this is the reason behind the fact its shares only rose less than 1 percent in...

Shopify (NYSE: SHOP) continued to benefit from the rise of e-commerce in the small and mid-sized business niche. By issuing strong and better than expected fourth quarter results and upping its profit guidance for the whole 2020, its stock went up 7.8 % on Wednesday, hitting a new 52-week high....

Rush Enterprises Inc. (NASDAQ: RUSHA), which operates the largest network of commercial vehicle dealerships in North America, on Wednesday reported fourth-quarter revenue of $1.3 billion, compared to revenue of $1.5 billion for the fourth quarter of 2018. Net income for the fourth quarter was $23....

Mullen Group's (TSX:MTL) trucking and logistics units gave a small but important boost during the fourth quarter, helping offset continued weakness in the Canadian firm's oil services business. Mullen reported adjusted net income of C$5.6 million, or C$0.08 per share, on C$314.6 million in revenue...

XPO Logistics (NYSE: XPO) posted fourth-quarter earnings that in a tough freight market can't be viewed as anything but positive.  That has led some analysts to ask the question: If things are so good, why think about breaking up the company? Brandon Oglenski of Barclays, on XPO's earnings call...

Third-party logistics and multimodal transportation services provider Radiant Logistics Inc. (NYSE: RLGT) sees freight market trends that were positive on a year-over-year basis in December. However, the quarter as a whole came in 25% below the mark set in the year-ago period. The Bellevue,...

The reorganization of XPO Logistics Inc (NYSE: XPO) announced in January guaranteed the status quo in one respect: The company wasn't going to sell off its less-than-truckload (LTL) division. The fourth-quarter earnings the company released late Monday suggested that is a solid strategy as XPO's...

TFI International (TSX: TFI) reported essentially flat fourth-quarter results Monday as its truckload and logistics businesses helped the Canadian firm power through a weak freight market.  TFI earned C$76.5 million in net income, or adjusted earnings per share of C$0.95, on revenue of C$1.3...

Ford Motor Company's (NYSE: F) fourth quarter was not a good one. Stock sharply lowered on Wednesday, after the company reported earnings that fell short of expectations and gave weak guidance for the year ahead. Shares plunged 9 percent after results were announced on Tuesday after...

FLEETCOR Technologies, Inc. (NYSE: FLT), a fuel-card and business-payments provider, announced fourth-quarter 2019 adjusted earnings per share (EPS) of $3.17, 14% higher year-over-year and $0.03 better than the consensus estimate. Total revenues increased 9% to $698.9 million in the fourth quarter...

Intermodal carrier Hub Group (NASDAQ: HUBG) posted fourth-quarter 2019 earnings in line with the consensus forecast of $0.82-$0.85  per share, on a revenue decline of 11.5%. The company posted $0.85 per share in basic earnings and $0.84 per share in diluted earnings.  For the company as a whole,...

Universal Logistics Holdings (NASDAQ: ULH) reported a modest drop in profits and revenue during the fourth quarter  – results that look pretty good in the context of a rough 2019. The Warren, Mich,-based transportation and logistics provider posted net income of $8.6 million, or $0.32 per share on...

Less-than-truckload (LTL) carrier Old Dominion Freight Line Inc. (NASDAQ: ODFL) reported across-the-board declines in its fourth-quarter financial and operating metrics, although its diluted earnings per share of $1.80 came in a bit above analysts' consensus estimates of $1.78. Thomasville, North...

One of the nation's largest truckload (TL) carriers, Werner Enterprises Inc. (NASDAQ: WERN), expects continued headwinds in the first half of 2020. The Omaha, Nebraska-based company reported fourth-quarter 2019 earnings per share (EPS) of 67 cents, 7 cents higher than the consensus estimate, after...