Earnings News Updates

Business, Logistics

Hub Group’s 4Q Earnings Slide

Logistics, intermodal and brokerage firm Hub Group’s fourth-quarter profit fell to $10 million, or 26 cents a share, from $14.2 million, or 38 cents, a year ago.

January 29, 2010
Business, Logistics

Union Pacific’s 4Q Earnings Decline

Union Pacific Corp. said Thursday its fourth-quarter profit fell 17% from a year ago as freight demand declined.

January 21, 2010
Business

UPS Says 4Q Earnings to Exceed Guidance; Will Cut Jobs

UPS Inc. said Friday its fourth-quarter earnings will exceed an earlier forecast and that it plans to cut about 1,800 management and administrative positions.

January 8, 2010
Business

FedEx Says 2Q Earnings Will Exceed Guidance

FedEx Corp. said its fiscal second-quarter earnings will be below the same period last year but exceed its guidance for the quarter.

December 8, 2009
Business, Safety, Government

Patriot’s Fourth-Quarter Earnings Decline

Tank and bulk carrier Patriot Transportation Holding’s fiscal fourth-quarter net income fell 68% to $999,000, or 32 cents per share, from $3.2 million, or $1.02, a year ago.

November 30, 2009
Business

Truckload Carriers Report Lower Earnings

Eight major truckload carriers have reported third-quarter earnings, with six of them remaining profitable but at lower levels than a year ago. Revenue also declined, but some of the companies improved their operating ratios of management efficiency.

November 2, 2009
Business

Tyson Foods, Pilgrim’s Pride Earnings Improve

Two poultry producers who operate private truck fleets reported improved profits in the most recent quarter.

August 4, 2009
Business, Safety

Plunge in Intermodal Business Dampens Freight Railroads’ Earnings for 2nd Quarter

A sharp drop in intermodal business helped to drag down second-quarter earnings for the largest North American railroads.

August 3, 2009
Business

Qualcomm’s Third-Quarter Earnings Slip

Wireless-services provider Qualcomm Inc. said its fiscal third-quarter earnings slipped to $737 million, or 44 cents a share, from $748 million, or 45 cents, a year ago.

July 27, 2009
Business

UPS 2nd-Qtr. Earnings Fall 49%, but 3 Main Units Stay Profitable

Second-quarter net income at UPS Inc. fell 49%, compared with a year earlier, but all three main divisions remained profitable despite the ongoing recession and a 16.7% decline in global revenue.

July 27, 2009