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Analysts Lowering Estimates Heading Into Earnings Season – What To Watch For
Wednesday, October 9, 2019 - 12:07pm | 1714Read More...It appears that third quarter 2019 may provide another round of earnings cuts. Equity analysts have been busy in the last few days lowering estimates on many publicly traded transportation companies. In a few different notes out from analysts, the theme seems common – earnings expectations are...
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Third Quarter Carload Declines Worst Yet In 2019
Thursday, October 3, 2019 - 10:21am | 739Read More...Rail volumes continued their declines in the latest week according to the Association of American Railroads (AAR). Week 39 of 2019 was no better than the ones that preceded it as a number of demand headwinds overhang the rail industry. Total U.S. carloads declined 7.4% year-over-year to 529,336...
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After Resilient Q3, Positive Tone As Fed Speakers Awaited, LEN Earnings Tomorrow
Tuesday, October 1, 2019 - 9:51am | 1624Read More...To start the week, a key manufacturing index fell to its lowest level since 2009. Precious metals, including gold, silver and particularly palladium, took it on the chin. Crude oil fell 3% to below where it was before the attack on Saudi oil fields. Despite all that, the stock market rallied Monday...
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A Change Of Quarters: Trade Tensions, Economic Uncertainty Abound As Q3 Ends
Monday, September 30, 2019 - 9:53am | 1756Read More...Today marks the swan song for the 3rd quarter of 2019, and the stock market looks to be ending right about where it began. For the S&P 500 (SPX) it’s almost to the tick at around 2970. Anyone not watching the day-to-day movement might not know that SPX traded as much as 6% lower and 2%...
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WSM posts Q3 Results; Beats Consensus
Thursday, November 19, 2009 - 9:08am | 43Read More...Williams-Sonoma (NYSE: WSM) posted its Q3 EPS of $0.16, comfortably beating the consensus by $0.11. The beat in the results came from WSM’s cost cutting initiatives. Although Williams-Sonoma’s revenues for the quarter fell by 3.1%, they exceeded consensus expectations.
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Suntech Power Reports Q3 Results; Ups Guidance
Thursday, November 19, 2009 - 8:47am | 64Read More...Suntech Power (NYSE: STP) reported its Q3 EPS of $0.16, topping consensus expectations by $0.08. STP’s revenues for the quarter were at $473 million vs $427 million, reflecting a decline by -20.4%. Suntech Power expects its shipments for the Q4 to rise by 10% sequentially. As a result, STP has...
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Sears Posts Q3 Results, Beats Consensus
Thursday, November 19, 2009 - 8:35am | 60Read More...Sears Holdings Corporation (NASDAQ: SHLD) posted its Q3 EPS of -$0.81, beating consensus estimates by $0.28. Other highlights of the Q3 results are: • Revenues came at $10.19 billion vs $9.92 billion • Gross margin expanded to 27.2% vs 26.8% in the year ago period • SSS fell by 4.6% • Total debts...
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RINO Posts Q3 Results
Friday, November 13, 2009 - 8:48am | 75Read More...RINO International Corporation (NASDAQ: RINO) posted its Q3 2009 EPS of $0.68 vs $0.39. RINO’s net sales rose by 41.0% to $63.3 million from the same quarter year ago. Other highlights of RINO International’s earnings results are: • Net contract sales for the first nine months of 2009 rise to 41.7...
