Air Delivery & Freight Services

(FDX) FedEx Second Quarter 2011 Quarter Disappoints – Results Hurt by Charges

FedEx Corporation (FDX) reported second quarter of fiscal 2011 financial results that fell below the Zacks Consensus Estimates. Quarterly adjusted EPS of $1.16 was below the Zacks Consensus Estimates of $1.31. Management cited higher...

20Dec2010 | | 0 comments | Continued

(UPS) United Parcel Service Delivers by Buying Back Shares

You have to love United Parcel Service (UPS). They are continuing to grow in the international market by almost 20% a year,  Their huge cash position allows them to buy back shares; over 7 million share have been bought back already....

25Nov2010 | | 0 comments | Continued

(UPS) United Parcel Service Moves to Expand Chinese Market

United Parcel Service Inc. (UPS) aims at expanding its presence in China by setting up a domestic service in the country. With international operations accounting for around 22% of total revenue in fiscal...

3Oct2010 | | 0 comments | Continued

(EXPD) Expeditors International of Washington Analyst Upgrades Shares to Outperform

Following the strong second quarter results, we are upgrading our recommendation to Outperform from Neutral on Expeditors International of Washington Inc. (EXPD), a provider of logistics services. Currently, the stock has a...

16Sep2010 | | 0 comments | Continued

(EXPD) Expeditors International – Bull of the Day

We are upgrading our recommendation to Outperform for Expeditors International (EXPD) following second-quarter results. The company’s second quarter earnings surpassed the Zacks Consensus Estimate and the year-ago quarter level...

10Sep2010 | | 0 comments | Continued

(EXPD) Expeditors International – Bull of the Day

We are upgrading our recommendation to Outperform for Expeditors International (EXPD) following second-quarter results. The company’s second quarter earnings surpassed the Zacks Consensus Estimate and the year-ago quarter level...

31Aug2010 | | 0 comments | Continued

(UPS) United Parcel Service – Expects First-Quarter Trends to Continue Through 2010

United Parcel Service (UPS) is levered to a growing economy and offers a decent dividend yield to boot. Growth and Income The company is expected to grow its EPS 42% in 2010, 20% in 2011, and 13% over...

1Aug2010 | | 0 comments | Continued

(EXPD) Expeditors International of Washington Earnings Scorecard

Expeditors International of Washington (EXPD), a provider of logistics services, reported first quarter results on May 5, 2010. The company reported earnings of 28 cents per share, in line with the Zacks Consensus Estimate, but a...

25May2010 | | 0 comments | Continued

(UPS) United Parcel Service Earnings Scorecard

First Quarter Review United Parcel Service (UPS), the world’s largest package delivery company, reported first quarter results on April 27, 2010. The company reported adjusted earnings of 71 cents per...

19May2010 | | 0 comments | Continued

(UPS) United Parcel Service – Earnings Estimates Moving Higher

United Parcel Service’s (UPS) strong operating leverage is driving impressive earnings growth. The company is expected to grow its earnings per share 41% in 2010, 20% in 2011, and 13.0% per year for the next three to five...

7May2010 | | 0 comments | Continued

(EXPD) Expeditors International of Washington In Line with Expectations

Expeditors International of Washington Inc’s (EXPD) first quarter net income of 28 cents per share was at par with the Zacks Consensus Estimate but a penny higher than the year-ago earnings of 27 cents. Net income attributable to...

6May2010 | | 0 comments | Continued

(UPS) United Parcel Service Analyst Awards a Neutral Rating

We are initiating coverage on the shares of United Parcel Service (UPS) with a Neutral recommendation. United Parcel Service serves as a proxy for the economy because of the volumes and diversity of the goods shipped by the company. Though...

12Apr2010 | | 0 comments | Continued

(FDX) FedEx Analyst Initiates Coverage at Neutral

We are initiating our coverage on FedEx Corp. (FDX) with a Neutral recommendation. The company serves as a proxy for the economy because of the volumes and diversity of the goods shipped. Though FedEx has suffered from the recession...

7Apr2010 | | 0 comments | Continued

(EXPD) Expeditors International of Washington Earnings Report is Short of Forecasts

Expeditors International of Washington Inc.’s (EXPD) fourth quarter net income of 32 cents per share was below both the Zacks Consensus Estimate of 28 cents and the year-ago earnings of 36 cents. For the full year 2009, the company’s...

1Mar2010 | | 0 comments | Continued

(UPS) United Parcel Services Beats Expectations – Outlook Positive

United Parcel Services Inc.’s (UPS) fourth quarter operating earnings per share of 75 cents came in ahead of the Zacks Consensus Estimate of 73 cents and management’s earlier guidance of 58-65 cents. However, this was lower compared...

2Feb2010 | | 0 comments | Continued

(UPS) United Parcel Service Beats Consensus Earnings Estimates

United Parcel Service Inc. (UPS) declared its fiscal third quarter results today. Net income was $549 million or 55 cents per share, compared to a net income of $970 million or 96 cents in the prior-year quarter. However, EPS of 55 cents was better than the Zacks Consensus Estimate...

22Oct2009 | | 0 comments | Continued

(CHRW) C.H. Robinson Worldwide Outperforms

C.H. Robinson Worldwide Inc. (CHRW) reported third quarter 2009 net income applicable to common shareholders of $95.5 million or 57 cents per share compared to $93.6 million or 54 cents per share in the prior-year quarter. Results were two pennies ahead of the Zacks Consensus Estimate...

21Oct2009 | | 0 comments | Continued

(FDX) FedEx Preannouncement Beats Consensus

Shares of FedEx Corp. (FDX)  have jumped more than 5% so far today after the company preannounced fiscal first-quarter earnings, which topped Wall Street expectations. The package-delivery major said that it expects to post earnings of 58 cents per share, which is well above...

11Sep2009 | | 0 comments | Continued

(UPS) Transportation – Industry Outlook

Stock performance in the transportation sector has been very uneven, reflecting the varying fortunes of particular industries within the sector. The median year-to-date-stock price gain/(loss) has been mixed for industries in the Zacks transportation universe, with all industries underperforming the...

21Jul2009 | | 0 comments | Continued

(FDX) FedEx Miss Spooks Wall Street

by The Investment U Research Team While the headlines seem to point to FedEx’s (NYSE: FDX) missed profit numbers as a reason for this morning’s market decline, the real reason we’re...

18Jun2009 | | 0 comments | Continued

(UPS) Transportation – Industry Outlook

Stock performance in the transportation sector has been very uneven, reflecting the varying fortunes of particular industries within the sector. The median year-to-date-stock price gain/(loss) has been mixed for industries in the Zacks transportation universe — all industries are underperforming...

20May2009 | | 0 comments | Continued