|Bid||0.00 x 4000|
|Ask||0.00 x 1400|
|Day's Range||183.79 - 185.81|
|52 Week Range||125.59 - 186.91|
|PE Ratio (TTM)||9.21|
|Earnings Date||Oct 23, 2018 - Oct 29, 2018|
|Forward Dividend & Yield||3.20 (1.78%)|
|1y Target Est||177.00|
US-based Genesee & Wyoming (GWR) is a worldwide player in the railroad industry. With over 100 years of history, the company has a presence around the world, including North America, Latin America, Europe, and Australia.
A look at the shareholders of Norfolk Southern Corporation (NYSE:NSC) can tell us which group is most powerful. Insiders often own a large chunk of younger, smaller, companies while hugeRead More...
In this article, we’ll look at the first-quarter performance of FedEx’s (FDX) Freight segment. The segment accounted for 11.9% of total revenue before elimination in the first quarter. The Freight segment’s share in total revenue went up 0.6% YoY (year-over-year) in the quarter from 11.3% in Q1 2018.
The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Index (PMI) data, output in the Industrials sector is rising.
In this part, we’ll look into the FedEx (FDX) Express segment’s first quarter performance. The FedEx Express segment accounts for the lion’s share in the company’s total revenue. The segment’s revenue share was 56.2% in the first quarter’s total revenue, down 0.9% from 57.1% in Q1 2018. In Q1 2019, the vertical reported revenue of $9.2 billion compared to $8.4 billion in the first quarter of fiscal 2018, which reflects a 9.8% YoY (year-over-year) increase.
We’ll start FedEx’s (FDX) post-earnings series by looking into its first-quarter 2019 revenue. The company’s first quarter revenue was $17.0 billion, which beat analysts’ estimate of $16.8 billion by 1%. In the same quarter of fiscal 2018, the parcel delivery giant’s revenue stood at ~$15.3 billion, reflecting an 11.5% YoY (year-over-year) rise. The double-digit revenue growth was due to increased volumes, higher yields across segments, and lower taxes.
Stanley Aughtry, who is a manager at Norfolk Southern in Atlanta, says the days of the "starving actor" should be dead.
Eastern US railroad CSX (CSX) posted 5.4% YoY (year-over-year) growth in carload traffic in week 36. Compared to 64,900 railcars excluding intermodal units in the same week last year, CSX moved 68,400 railcars in the comparable period this year. CSX’s carload traffic gains were much higher compared to rival Norfolk Southern’s (NSC) 1.2% YoY gains in week 36. The former’s carload gains were almost double the percentage of US railroads’ 2.6% YoY average gains in the week.
Eastern US rail carrier Norfolk Southern (NSC) posted a 1.2% YoY (year-over-year) increase in carload traffic. The railroad moved 66,000 railcars excluding intermodal units in the week compared to ~65,300 in the same week of 2017.
Western US railroad giant Union Pacific (UNP) reported a 6.4% YoY (year-over-year) increase in carload traffic in week 36. During the week, UNP moved ~91,700 railcars excluding intermodal units compared to ~86,200 in the corresponding period of 2017.
The bulls stayed in control in afternoon trading Tuesday, The Nasdaq was up 1%, undeterred by news of another round of tariffs on Chinese imports.
The AAR (Association of American Railroads) published weekly traffic data on September 12 from the 12 major North American railroads for week 36 (the week ended on September 8). AAR’s weekly freight data is classified into carload traffic and intermodal units. Intermodal units are expressed in containers and truck trailers.
NORFOLK, Va. , Sept. 18, 2018 /PRNewswire/ -- The Norfolk Southern Foundation is donating $100,000 to assist in Hurricane Florence recovery efforts in North Carolina . The Foundation, Norfolk Southern's ...
Rising coal prices could get another boost as Hurricane Florence shuts down exports from the Virginia coast, halting supplies to elsewhere in the world. With the powerful hurricane bearing down on the Southeast, terminals in and near Norfolk, Va., that handle the majority of U.S. coal exports were, as of Thursday afternoon, permitted to receive ships on a case-by-case basis, needing approval by the U.S. Coast Guard. Cutting off exports could support coal prices, which have already been rebounding, according to Seaport Global Securities LLC analyst Mark Levin.
Hurricane Florence will interrupt the main rail and maritime conduits for U.S. coal exports, according to Susquehanna Financial Group. Although indeterminate as yet, the length of any Florence-related outages for Norfolk Southern and CSX could affect results, "given the profitable bottom-line contribution from that volatile commodity in 2018," Majors said. Norfolk Southern operates the Lamberts Point transloading facility at the Port of Virginia, which can process up to 48 million tons annually and load the largest bulk ships with coal.
Canadian Pacific Railway (CP) registered a 2.6% YoY (year-over-year) carload traffic gain in Week 35 of 2018. In the week, the railroad hauled ~34,800 railcars excluding intermodal volumes compared to ~34,000 in Week 35 of 2017.
Moody's Investors Service ("Moody's") affirmed the senior unsecured debt rating of Consolidated Rail Corporation ("Consolidated Rail") at Baa1. The ratings outlook is stable. Consolidated Rail derives its credit strength largely from the respective credit strengths of CSX Corporation ("CSX") and Norfolk Southern Corporation ("Norfolk Southern"), both with a senior unsecured rating of Baa1, in view of its ownership, financial and operational relationships with CSX and Norfolk Southern.
NORFOLK, Va. , Sept. 11, 2018 /PRNewswire/ -- In order to focus the company's efforts on protecting employees, rail traffic, and infrastructure from the anticipated impacts of Hurricane Florence, Norfolk ...
Week 35 was the best week for the smallest Class I railroad—Kansas City Southern (KSU)—in 2018 so far. In the week, KSU topped in YoY carload traffic gains as well as intermodal volume gains. Kansas City Southern recorded 20.2% YoY (year-over-year) growth in Week 35’s carload traffic to ~25,000 railcars from ~20,800 railcars in Week 35 of 2017.
In Week 35, Eastern US rail freight giant CSX (CSX) registered a 1.0% YoY (year-over-year) decline in carload traffic. The railroad hauled 70,800 railcars excluding intermodal volume in Week 35, compared to 71,500 units in Week 35 of 2017.
Volume growth boosts Norfolk Southern's (NSC) top line. The company's efforts to reward shareholders also raise optimism in the stock.
In Week 35, Norfolk Southern (NSC) reported a 1.8% YoY (year-over-year) decline in carload traffic. The railroad hauled 70,700 railcars sans intermodal units in the week, compared to ~72,000 in Week 35 of 2017.