Latest news with #KnightSwiftTransportation
Yahoo
29-07-2025
- Business
- Yahoo
Earnings To Watch: ArcBest (ARCB) Reports Q2 Results Tomorrow
Freight Delivery Company ArcBest (NASDAQ:ARCB) will be reporting earnings this Wednesday before the bell. Here's what investors should know. ArcBest missed analysts' revenue expectations by 2.7% last quarter, reporting revenues of $967.1 million, down 6.7% year on year. It was a mixed quarter for the company, with a solid beat of analysts' adjusted operating income estimates but a miss of analysts' EBITDA estimates. Is ArcBest a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting ArcBest's revenue to decline 2.4% year on year to $1.05 billion, in line with the 2.3% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.46 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. ArcBest has missed Wall Street's revenue estimates four times over the last two years. Looking at ArcBest's peers in the ground transportation segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Saia posted flat year-on-year revenue, beating analysts' expectations by 1.2%, and Knight-Swift Transportation reported flat revenue, in line with consensus estimates. Saia traded up 4% following the results while Knight-Swift Transportation's stock price was unchanged. Read our full analysis of Saia's results here and Knight-Swift Transportation's results here. There has been positive sentiment among investors in the ground transportation segment, with share prices up 6.5% on average over the last month. ArcBest is up 11% during the same time and is heading into earnings with an average analyst price target of $94.42 (compared to the current share price of $85.46). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-07-2025
- Business
- Yahoo
Landstar Earnings: What To Look For From LSTR
Freight delivery company Landstar (NASDAQ:LSTR) will be announcing earnings results this Tuesday afternoon. Here's what investors should know. Landstar beat analysts' revenue expectations by 1.4% last quarter, reporting revenues of $1.16 billion, down 1.6% year on year. It was a mixed quarter for the company, with a decent beat of analysts' Van Equipment revenue estimates but a miss of analysts' EBITDA estimates. Is Landstar a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Landstar's revenue to decline 1.6% year on year to $1.21 billion, improving from the 10.7% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.17 per share. Heading into earnings, analysts covering the company have grown increasingly bullish with revenue estimates seeing 4 upward revisions over the last 30 days (we track 10 analysts). Landstar has missed Wall Street's revenue estimates five times over the last two years. Looking at Landstar's peers in the ground transportation segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Saia posted flat year-on-year revenue, beating analysts' expectations by 1.2%, and Knight-Swift Transportation reported flat revenue, in line with consensus estimates. Knight-Swift Transportation's stock price was unchanged following the results. Read our full analysis of Saia's results here and Knight-Swift Transportation's results here. There has been positive sentiment among investors in the ground transportation segment, with share prices up 6.8% on average over the last month. Landstar's stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $141.29 (compared to the current share price of $139.87). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
Yahoo
24-07-2025
- Business
- Yahoo
Saia (SAIA) Q2 Earnings Report Preview: What To Look For
Freight transportation and logistics provider Saia (NASDAQ:SAIA) will be announcing earnings results this Friday morning. Here's what to look for. Saia missed analysts' revenue expectations by 3.1% last quarter, reporting revenues of $787.6 million, up 4.3% year on year. It was a disappointing quarter for the company, with a significant miss of analysts' adjusted operating income estimates and a significant miss of analysts' EBITDA estimates. Is Saia a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Saia's revenue to decline 1.7% year on year to $809.5 million, a reversal from the 18.5% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $2.40 per share. Heading into earnings, analysts covering the company have grown increasingly bullish with revenue estimates seeing 9 upward revisions over the last 30 days (we track 15 analysts). Saia has missed Wall Street's revenue estimates four times over the last two years. Looking at Saia's peers in the transportation and logistics segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Covenant Logistics delivered year-on-year revenue growth of 5.3%, beating analysts' expectations by 3.7%, and Knight-Swift Transportation reported flat revenue, in line with consensus estimates. Read our full analysis of Covenant Logistics's results here and Knight-Swift Transportation's results here. There has been positive sentiment among investors in the transportation and logistics segment, with share prices up 7.7% on average over the last month. Saia is up 11.6% during the same time and is heading into earnings with an average analyst price target of $298.15 (compared to the current share price of $307.03). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
22-05-2025
- Business
- Yahoo
Goldman Sachs shares 20 'rising star' stocks that a growing number of hedge funds are betting on
Hedge funds shifted focus from the Magnificent Seven to other stocks in the first quarter. Goldman Sachs identified 20 stocks with increased hedge fund interest in that period. Stocks with rising hedge fund interest often outperform sector peers, the bank said. As hedge funds trimmed their Magnificent Seven positions in the first quarter, they increasingly turned their attention toward some other stocks. In Goldman Sachs' Hedge Fund Trend Monitor published May 20, the firm highlighted 20 stocks that an increasing number of hedge funds added to their holdings in that period. That heightened interest could be a sign that the stocks are primed for strong returns in the months ahead, the bank said. "Historically, stocks with the largest increase in the number of hedge fund investors ('Rising Stars') have typically gone on to outperform sector peers during the quarters following their rise in popularity," said the note, authored by a team of strategists led by Ben Snider, a managing director. The utilities, financials, and consumer discretionary sectors each had five stocks on the list. Two have AI exposure: Sempra and Kinder Morgan. The average market cap of the 20 stocks on the list is $17 billion. We've listed the stocks below, along with their net gain in the number of funds that own them. Knight-Swift Transportation (20). Lithia Motors (19). Yum Brands (17). Sempra (16). US Bancorp (16). NiSource (15). Essential Utilities (15). SLM (15). Kinder Morgan (15). Tapestry (14). Alliant Energy (14). BlackRock (14). Zions Bancorporation (14). First American Financial (14). Floor & Decor Holdings (14). Darling Ingredients (13). Edison International (13). Wyndham Hotels & Resorts (13). Expand Energy (13). Labcorp (12). Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
