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Why CSX Stock Is Trading Higher Today
Thursday, July 22, 2021 - 9:03am | 229CSX Corp (NASDAQ: CSX) is trading higher Thursday morning after the company announced better-than-expected financial results. CSX reported second-quarter earnings of 40 cents per share, which beat the estimate of 37 cents per share. The company reported quarterly revenue of $2.99 billion...
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5 FedEx Analysts Break Down Q4 Earnings: 'We Continue To See Upside Potential'
Sunday, June 27, 2021 - 11:16am | 571FedEx Corporation (NYSE: FDX) traded lower by 4% on Friday after the company delivered lackluster fiscal fourth-quarter numbers on Thursday afternoon. FedEx reported fourth-quarter adjusted EPS of $5.01, narrowly beating consensus analyst estimates of $5. Fourth-quarter revenue of $22.6...
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What's Up With FedEx Stock Today?
Friday, June 25, 2021 - 10:56am | 303FedEx Corp (NYSE: FDX) is trading lower Friday morning despite announcing better-than-expected financial results. What Happened: FedEx reported fourth-quarter earnings of $5.01 per share after the close Thursday, which beat the estimate of $4.99 per share. The company reported quarterly...
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Why This UPS Analyst Is Bullish For The First Time In 5 Years
Monday, September 21, 2020 - 10:39am | 250United Parcel Service, Inc. (NYSE: UPS) is likely to generate high-teens earnings growth in 2021 and 2022, according to Credit Suisse. The United Parcel Service Analyst: Allison Landry upgraded United Parcel Service from Neutral to Outperform and raised the price target from $147 to $192. The...
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JB Hunt's Q2 Beat Sends Stock To All-Time Highs: What 5 Analysts Have To Say
Friday, July 17, 2020 - 3:24pm | 714J B Hunt Transport Services Inc (NASDAQ: JBHT) stock traded higher Friday after the company reported earnings and revenue beats Thursday afternoon. J B Hunt reported second-quarter EPS of $1.14 on revenue of $2.15 billion. Both numbers topped the consensus analyst estimates of 83 cents and $2....
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FedEx Delivers Pain To Shareholders, But Some Analysts Are Shipping Support
Wednesday, September 18, 2019 - 12:32pm | 761FedEx Corporation (NYSE: FDX) reported concerning fiscal first-quarter results, which prompted management to revise its 2020 outlook lower. FedEx earned $3.05 per share in the quarter on revenue of $17.048 billion versus expectations of $3.17 per share and $17.07 billion due to what management said...
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Analysts: FedEx Still Poised to Deliver Growth, But Not Overnight
Wednesday, June 26, 2019 - 3:11pm | 673FedEx Corporation (NYSE: FDX) should continue to deliver above-average growth along with packages over the long-term, sell-side analysts said Wednesday, brushing aside warnings in its near-term guidance. The package shipping giant reported better-than-expected earnings Tuesday, but highlighted some...
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Credit Suisse: FedEx Concerns 'Valid,' But Selloff Creates Buying Opportunity
Wednesday, December 12, 2018 - 3:06pm | 400Multiple concerning metrics impacting FedEx Corporation (NYSE: FDX) are "valid," but the bullish case for the stock can is still justifiable, according to Credit Suisse. The Analyst Analyst Allison Landry maintains an Outperform rating on FedEx with a price target lowered from $307...
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CSX Sell-Side Bull, Bear React After Analyst Conference
Friday, March 2, 2018 - 11:20am | 486Rail-based freight transportation company CSX Corporation (NASDAQ: CSX) held its 2018 Investor and Analyst Conference on Thursday in New York City. The Analysts Morgan Stanley analyst Ravi Shanker maintained his Underweight rating on the shares of CSX after the conference and lowered the...
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Wall Street Gives FedEx A Passing Grade After Solid Earnings Report
Wednesday, December 20, 2017 - 5:13pm | 602FedEx Corporation (NYSE: FDX) hit a new all-time high of $253.24 after the company handily exceeded Wall Street's expectations in its fiscal second quarter earnings report. Here is a summary of how some of the Street's top analysts responded to the print. Bank Of America: Solid Quarter...
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FedEx's Sell-Side Roundup: Outperform Ratings Across The Board
Thursday, June 22, 2017 - 8:41am | 687FedEx Corporation (NYSE: FDX) reported its fourth-quarter earnings on Tuesday after the close. While the company beat revenue and EPS estimates for Q4 fiscal 2017, those figures were temporarily overshadowed by disappointing guidance. The stock dropped 1.5 percent after Wednesday’s open...
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FedEx Guidance Underwhelms, But Pullback Might Deliver A Buying Opportunity
Wednesday, June 21, 2017 - 10:09am | 440While Credit Suisse analyst Allison Landry is expecting a pullback in FedEx Corporation (NYSE: FDX), she sees this creating a buying opportunity. Thus, she has maintained her Outperform rating and increased his price target from $225 to $237. Landry cited EPS guidance, lack of clarity...
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Credit Suisse Upgrades Kansas City Southern, Sees Material Earnings Upside
Friday, June 16, 2017 - 10:10am | 459Analysts at Credit Suisse turned bullish on Kansas City Southern (NYSE: KSU) Friday based on a positive view of both the near- and mid-term horizons. Credit Suisse's Allison Landry upgraded Kansas City's rating from Neutral to Outperform with a price target boosted from $90 to $116. The bullish...
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Credit Suisse Just Called A Bottom In Rails, Goes Overweight On Trucks
Thursday, July 9, 2015 - 3:07pm | 315So far this year, the transport stocks have lagged the S&P 500 by about 15 percent. However, according to a new report by Credit Suisse analyst Allison Landry, the fate of the transports is about to take a turn for the better. Consumer Strength Is Key Landry believes that the resurgence...
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'Rail-mageddon' Nears, Warns Credit Suisse
Tuesday, June 30, 2015 - 9:31am | 498In a report published Tuesday, Credit Suisse analyst Allison Landry lowered her earnings per share estimates on rail companies for the second time this quarter. Landry stated in a research note at the end of May that while consensus estimates have been "steadily" coming down over the...