Government, Business

Earnings Calls Study Shows Companies More Worried Than in 2008

A cyclist wearing a mask passes in front of the J. Crew store in Rockefeller Center in New York on May 5. A cyclist wearing a mask passes in front of the J. Crew store in Rockefeller Center in New York on May 5. (Nina Westervelt/Bloomberg News)

The once-in-a-century pandemic has unleashed financing fears all over Corporate America that far exceed the 2008 crisis, as executives prep for fresh economic and market pain.

Justina Lee | Bloomberg News
May 6, 2020
Government, Business, Top 100

FedEx Reports Mixed Earnings; Leadership Cites Impact of Coronavirus

FedEx truck John Sommers II for Transport Topics

FedEx announced March 17 that year-over-year quarterly net income for its fiscal third quarter fell 57% to $315 million, compared with $739 million in the same period a year ago. But Q3 revenue rose 3% to $17.5 billion from $17 billion a year ago.

Dan Ronan | Associate News Editor
March 17, 2020

Home Depot’s Same-Store Sales Surge in Q4

Home Depot store Home Depot store in Boston by Steven Senne/AP

Home Depot reported a better-than-expected fourth quarter with strong comparable-store sales.

Michelle Chapman | Associated Press
February 25, 2020

Knight-Swift Sees Profit, Revenue Fall for Q4, Year

Knight-Swift Transportation John Sommers II for Transport Topics

Knight-Swift Transportation Holdings Inc. saw earnings and revenue fall in the fourth quarter as it faced greater competition and an oversupply of truckload capacity in its key market.

Jerry Hirsch | Contributing Writer
February 5, 2020
Business, Logistics, Top 50, Top 100

Schneider Q4 Earnings Miss Wall Street Expectations

Schneider For 2019, Schneider saw revenue drop to $4.74 billion from $4.97 billion in 2018. (Schneider National Inc.)

Schneider National Inc. reported Jan. 29 that fourth-quarter 2019 and yearly financial numbers declined when compared with 2018’s record year.

Dan Ronan | Associate News Editor
January 29, 2020
Business, Top 100

J.B. Hunt Reports Net Income Growth of 5.4% for 2019

J.B. Hunt J.B. Hunt Transport Services

J.B. Hunt Transport Services Inc. on Jan. 17 reported gains in net income and operating revenue for the fourth quarter of 2019 and for the full year.

Connor D. Wolf | Staff Reporter
January 18, 2020
Business, Technology

PowerFleet Revenue Jumps 26% in Q3

PowerFleet Inc. reported revenue increased to $16.9 million, a 26% jump from $13.4 million in the third quarter of 2018. The revenue was a record for any quarter, the technology company said.

November 12, 2019
Business, Equipment, Logistics

Titanium Reports Softer Q3 Earnings

Titanium Transportation Group trucks For the 11th year in a row, Titanium was named one of Canada’s Fast-Growing Companies on the Growth 500 list, which ranks the top private and public companies based on five-year revenue growth. (Vision Group)

Titanium Transportation Group was profitable in the third quarter of 2019, but earnings were below 2018’s strong numbers.

Dan Ronan | Associate News Editor
November 6, 2019

Navistar Posts Q3 Revenue Gains as Market Share Rises

Christopher Dilts/Bloomberg News

Navistar International Corp. reported fiscal-year, third-quarter net income fell amid higher revenue and rising market shares.

Roger Gilroy | Senior Reporter
September 4, 2019
Business, Technology, Logistics

Lyft Gains as Analysts Say Results May ‘Win Over Skeptics’

Lyft Earnings David Paul Morris/Bloomberg News

Lyft Inc.’s second-quarter results blew past market estimates and won accolades from Wall Street, as analysts said they now see a clearer path to profitability and a “more rational competitive environment.”

Sam Unsted and Esha Dey | Bloomberg News
August 8, 2019