Universal Logistics (ULH) came out with quarterly earnings of $0.32 per share, missing the Zacks Consensus Estimate of $0.34 per share. This compares to earnings of $1.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -5.88%. A quarter ago, it was expected that this trucking and logistics company would post earnings of $0.48 per share when it actually produced earnings of $0.23, delivering a surprise of -52.08%.Over the last ...

Ryder System delivered its third consecutive quarter of double-digit earnings per share growth, with executives saying this signals results of the transportation and logistics giant’s transformation strategy amid a prolonged freight market downturn.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and ...

Uber announced that it is piloting a feature in the U.S. that allows female drivers and passengers to ride with other women.https://t.co/g5l8PIr2jj https://t.co/qIWkt8p3iA ...

Academy Sports and Outdoors, Inc. ASO is strengthening its merchandising, RFID technology and operational capabilities to drive more consistent performance amid choppy sales trends.Reflecting a positive outlook for the company’s trajectory, Telsey Advisory Group analyst Cristina Fernández reiterated the Outperform rating on Academy Sports and Outdoors, raising the price forecast from $58 to $65.Fernández highlighted Academy is exploring improvements in supply chain, e‑commerce, marketing, loyalty and custom ...

Core Insights - Westinghouse Air Brake Technologies Corporation (WAB) reported Q2 2025 earnings per share (EPS) of $2.27, exceeding the Zacks Consensus Estimate of $2.18, marking a 15.8% year-over-year increase driven by higher sales, operating margin expansion, and share repurchases [1][9] - Revenues for the quarter were $2.71 billion, falling short of the Zacks Consensus Estimate of $2.77 billion, but reflecting a 2.3% year-over-year growth due to increased sales in the Transit segment, offset by lower Equipment sales [2][9] Financial Performance - WAB raised its 2025 adjusted EPS guidance to a range of $8.55 to $9.15 from the previous range of $8.35 to $8.95, supported by strong first-half performance, mergers and acquisitions, and prudent cost management [3] - The company also increased its 2025 revenue guidance to $10.925 billion to $11.225 billion from $10.725 billion to $11.025 billion, primarily due to the acquisition of Evident Inspection Technologies Division [4] Segment Performance - The Freight segment reported net sales of $1.91 billion, a slight decline of 0.1% year-over-year, impacted by lower locomotive deliveries due to a supplied part issue, although service sales increased by 6% [5][6] - The Transit segment saw net sales grow by 8.7% year-over-year to $787 million, with an adjusted operating margin increase to 15.2% from 12.7% in the same quarter of 2024 [6] Operational Details - Total operating expenses rose by $22 million year-over-year to $466 million, with the operating ratio increasing to 17.2% from 16.8% [7] - WAB ended the quarter with cash and cash equivalents of $1.49 billion, a significant increase from $698 million at the end of the previous quarter, while long-term debt rose to $4.78 billion from $3.50 billion [7] Shareholder Returns - During the quarter, WAB paid $44 million in dividends and repurchased shares worth $50 million [8]

Core Viewpoint - Southwest Airlines Co. reported disappointing second-quarter 2025 results, with both earnings and revenues falling short of the Zacks Consensus Estimate [1] Financial Performance - Quarterly earnings were 43 cents per share, missing the Zacks Consensus Estimate of 51 cents and declining 25.9% year over year [2][9] - Revenues totaled $7.24 billion, missing the Zacks Consensus Estimate of $7.29 billion and declining 1.5% year over year [2][9] - Passenger revenues, which accounted for 91.5% of total revenues, decreased 1.3% year over year to $6.62 billion [2] Operating Statistics - Airline traffic, measured in revenue passenger miles, fell 3.5% year over year to 36.88 billion [3] - Capacity, or available seat miles (ASMs), grew 1.6% year over year to 46.99 billion [3] - Load factor decreased by 4.1 percentage points to 78.5% [3][9] - Passenger revenue per available seat mile (PRASM) fell 2.8% year over year to 14.10 cents [3] - Revenue per available seat mile (RASM) decreased 3.1% year over year to 15.41 cents [4] Operating Expenses & Income - Operating income for the quarter was $225 million, down from $398 million in the same quarter last year [5][9] - Adjusted operating income was $245 million compared to $405 million in the prior year [5] - Total adjusted operating expenses increased 6.4% year over year [5] Fuel Costs - Fuel cost per gallon fell 15.9% year over year to $2.32 [6] Liquidity - Cash and cash equivalents at the end of the second quarter were $3.47 billion, down from $8.13 billion at the end of the previous quarter [7] - Long-term debt remained flat at $4.08 billion [7] Cash Flow and Shareholder Returns - The company generated $401 million in cash from operating activities during the quarter [8] - Capital expenditures were $635 million, primarily for aircraft-related spending [8] - Southwest returned $1.6 billion to shareholders, including $103 million in dividends and $1.5 billion in share repurchases [8][10] Outlook - For third-quarter 2025, unit revenues are expected to range from down 2% to up 2% on flat capacity year over year [11] - Economic fuel costs per gallon are anticipated to be between $2.40 and $2.50 [12] - The company expects to achieve a $370 million cost reduction target this year [13] - Third-quarter CASM, excluding fuel and special items, is projected to increase by 3.5-5.5% year over year [13] - Capital spending for 2025 is expected to be in the range of $2.5 billion to $3.0 billion [14] - The company reaffirms its EBIT contribution targets of $1.8 billion for 2025 and $4.3 billion for 2026 [15]

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION,DIRECTLY OR INDIRECTLY, IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DO SO DUBLIN and TORONTO, July 24, 2025 (GLOBE NEWSWIRE) -- Flutter Entertainment plc (“Flutter”) (NYSE:FLUT; LSE:FLTR), today announced the pricing of an offering (the “Offering”) of $625 million aggregate principal amount of 5.875% senior secured notes due 2031 issued at par, €300 million aggregate principal amount of 4.000% senior secured notes due 2031 issued at par, and £250 million aggregat ...

Ryder System (R) Q2 2025 Earnings Call July 24, 2025 11:00 AM ET Speaker0Morning, and welcome to the Ryder Systems Second Quarter twenty twenty five Earnings Release Conference Call. All lines are in a listen only mode until after the presentation. Today's call is being recorded. If you have any objections, please disconnect at this time. I would now like to introduce Ms.Kayleen Candela, Vice President, Investor Relations for Ryder. Ms. Candela, you may begin.Speaker1Thank you. Good morning, and welcome to ...

Two-time Super Bowl MVP Eli Manning talks about investing in equipment maker XTech, which produces custom shoulder pads. The company has dominated the professional and college markets and is now looking to capture the youth market. ...

Heartland Express (HTLD) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.08. This compares to a loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -75.00%. A quarter ago, it was expected that this trucking and logistics company would post a loss of $0.13 per share when it actually produced a loss of $0.18, delivering a surprise of -38.46%.Over the last four quart ...