David Vernon

FedEx Corp. (NYSE:FDX) is set to report its fiscal second-quarter results on Thursday after the closing bell and analysts are expecting a decline in earnings.  What To Know: FedEx reported disappointing first-quarter results in September with adjusted earnings nearly 25% below consensus estimates....

Shares of Southwest Airlines Co (NYSE: LUV) gained last month after the company reached a tentative agreement with its pilots association. The Dallas-based company is likely to report its full year 2023 earnings at around half of the Street’s expected $3+ per share, while 2024 could prove to...

Shares of FedEx Corp (NYSE: FDX) jumped in early trading on Friday, after the company raised its earnings guidance. Raymond James analyst Tyler Brown maintained a Market Perform rating on the stock. Oppenheimer analyst Scott Schneeberger reiterated a Perform rating on the stock. Stephens analyst...

U.S. railroad companies could be just days away from a major strike that could cost the U.S. economy more than $2 billion per day. Strike or no strike, one analyst said Wednesday that railroad stocks have limited upside from current levels in a challenging environment. The analyst note was...

Union Pacific Corporation (NYSE: UNP) reported second-quarter results which turned Raymond James incrementally bullish while Morgan Stanley maintained its bearish stance. The Analysts Raymond James' Patrick Tyler Brown maintains a Strong Buy rating on Union Pacific with a price target lifted...

FedEx Corporation (NYSE: FDX) reported Tuesday after the close with above-consensus non-GAAP earnings per share and in-line revenue for the fiscal fourth quarter. The Analyst Bernstein analyst David Vernon maintained an Outperform rating on FedEx with a $296 price target. The...

Amazon.com, Inc. (NASDAQ: AMZN) investors are always on the lookout for the company’s next disruptive business, and some believe it could be parcel delivery. Amazon Flex is not a major threat to United Parcel Service, Inc. (NYSE: UPS) and FedEx Corporation (NYSE: FDX), according to Bernstein...

FedEx Corporation (NYSE: FDX) is positioned for higher valuation and earnings growth as it capitalizes on multiple tailwinds, according to Bernstein.  The Analyst Bernstein analyst David Vernon upgraded shares of FedEx from Market-Perform to Outperform and increased the one-year price...

Expansion plans and sector-wide upside drivers give United Continental Holdings Inc (NYSE: UAL) a strong market position while American Airlines Group Inc (NYSE: AAL) remains competitive despite United’s growing market share, according to Bernstein.  The Analyst Analyst David Vernon...

FedEx 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...

FedEx Corporation (NYSE: FDX) will close 2017 celebrating the underperformance of the competing U.S. Postal Service and the struggles of rival Amazon.com, Inc. (NASDAQ: AMZN). With a 30-percent run, the firm had a relatively good year — but perhaps only relatively. Bernstein is critical of...

The United States Postal Service reported a 2017 net loss of $814 million Tuesday representing a $1.4 billion annual decline. Some may read this “bad to worse” trajectory as a negative for parcel peers, but FedEx Corporation (NYSE: FDX) and United Parcel Service, Inc. (NYSE: UPS) could...

After having delayed the debut of its semitruck to focus on Model 3 hiccups and Puerto Rico’s energy needs, Tesla Inc (NASDAQ: TSLA) will unveil the electric truck Thursday. But it may not drive the sales investors want, according to Bernstein.  The Rating Bernstein analysts Toni...

Amazon.com, Inc. (NASDAQ: AMZN) is signaling retreat. The e-commerce giant is pulling its AmazonFresh grocery delivery service from suburban regions in Pennsylvania, New Jersey and possibly Maryland and California, conceding the model’s unprofitability and unsustainability. As it betrays a...

In a note released Wednesday, Bernstein analyzed the footprint costs of airlines' and what airport costs mean for the margin gap between carriers. Airport Costs: Key Margin Differentiator Analyst David Vernon said where each individual airline flies is a key contributor to margin differentials...