May 21, 2025 04:01 AM GMT M Update Freight Transportation | North America Truck Stop/TLFI: And So it Begins…. Our TLFI saw a sharp positive inflection and posted the fourth outperformance in a row due to both the supply and demand component. Our index continues to widen the gap above LT averages to the largest magnitude seen thus far in 2025. MS TLQURE: We have updated our QURE model for the month of May. Our new base case prediction is that truck rates will move to $1.74 in 6 months (currently $1.60) and m ...

Blade Air Mobility (BLDE) Conference May 21, 2025 03:00 PM ET Speaker0 Here in New York. So he had a really long commute. And, anyway, and then we invite, I'll ask a couple questions to get started, and we'd really appreciate your participation with the questions that you might have. With that, Rob? Speaker1 Great. Thanks for having me. So we'll give a little quick just a brief overview of the company, you know, how we started. We're now into our eleventh year of Blade. We started Blade from whole cloth her ...

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Westinghouse Air Brake Technologies (WAB) currently holding a Momentum Style Score of A [2][3] Group 2: Performance Metrics of Westinghouse Air Brake Technologies - WAB has shown a 6.79% increase in shares over the past week, matching the performance of the Zacks Transportation - Equipment and Leasing industry [5] - Over the last quarter, WAB shares have risen by 12.47%, and by 20.41% over the past year, significantly outperforming the S&P 500, which has moved -2.63% and 13.25% respectively [6] - The average 20-day trading volume for WAB is 926,284 shares, indicating a bullish sign with rising stock prices [7] Group 3: Earnings Outlook and Revisions - In the past two months, four earnings estimates for WAB have increased, while none have decreased, raising the consensus estimate from $8.55 to $8.72 [9] - For the next fiscal year, three estimates have moved upwards, with one downward revision noted [9] Group 4: Conclusion on Investment Potential - Given the strong performance metrics and positive earnings outlook, WAB is rated as a 2 (Buy) stock with a Momentum Score of A, making it a promising near-term investment option [11]

Company Overview - SkyWest (SKYW) is currently ranked 2 (Buy) in the Zacks Rank system, indicating a positive outlook based on earnings estimates and revisions [3] - The Zacks Consensus Estimate for SKYW's full-year earnings has increased by 3.1% over the past quarter, reflecting improving analyst sentiment [3] Performance Analysis - Year-to-date, SkyWest has returned approximately 0.5%, outperforming the average loss of 5.7% in the Transportation sector [4] - In comparison, Westinghouse Air Brake Technologies (WAB) has returned 8% since the beginning of the year, also outperforming the sector [4] - Within the Transportation - Airline industry, which includes 29 stocks, SkyWest is performing better than the average loss of 9% this year [5] Industry Context - The Transportation sector consists of 124 individual stocks, with SkyWest being one of them, and the sector is currently ranked 15 in the Zacks Sector Rank [2] - The Transportation - Equipment and Leasing industry, which includes Westinghouse Air Brake Technologies, is ranked 68 and has seen a year-to-date increase of 5.5% [6]

Company Overview - Alstom is committed to contributing to a low carbon future by developing and promoting innovative and sustainable transportation solutions [3] - The company offers a broad portfolio in the industry, including high-speed trains, metros, monorails, trams, turnkey systems, services, infrastructure, signaling, and digital mobility [3] - Alstom operates in 63 countries and employs over 86,000 people from 184 nationalities [3] - For the fiscal year ending on 31 March 2025, Alstom generated sales of €18.5 billion [3] Share Information - As of 21 May 2025, the number of shares with a nominal value of €7 is 461,944,866, which corresponds to the same gross number of voting rights [2]

Core Insights - CSX Corporation is participating in the Wolfe Research 18th Annual Global Transportation & Industrials Conference, indicating its engagement with industry stakeholders and investors [1] - The company is optimistic about its future, discussing challenges faced in recent quarters and strategies to address them as it looks ahead to 2026 and 2027 [3] Company Overview - Kevin Boone, Chief Commercial Officer, and Matthew Korn, Head of Investor Relations, are representing CSX at the conference, highlighting the importance of their leadership in investor communications [2] - The company acknowledges the changing policies and trade flows impacting the industry, suggesting a proactive approach to adapting to these changes [3] Industry Context - The conference serves as a platform for discussing recent volume trends and broader industry dynamics, reflecting the company's commitment to transparency and stakeholder engagement [4]

Core Insights - Viking Holdings (VIK) reported a quarterly loss of $0.24 per share, which was better than the Zacks Consensus Estimate of a loss of $0.26, and compared to a loss of $0.03 per share a year ago, indicating an earnings surprise of 7.69% [1] - The company posted revenues of $897.06 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 4.49%, and showing an increase from year-ago revenues of $718.16 million [2] - Viking has outperformed the S&P 500, with shares up about 6.9% since the beginning of the year compared to the S&P 500's gain of 1.4% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.96 on revenues of $1.83 billion, and for the current fiscal year, it is $2.36 on revenues of $6.28 billion [7] - The estimate revisions trend for Viking is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Transportation - Truck industry, to which Viking belongs, is currently in the bottom 2% of over 250 Zacks industries, suggesting potential challenges ahead [8]

Company Performance - FedEx's stock closed at $226.12, reflecting a -1.48% change from the previous day, underperforming the S&P 500's gain of 0.09% [1] - Over the past month, FedEx's stock has increased by 10.58%, which is lower than the Transportation sector's gain of 14.63% and the S&P 500's gain of 13.05% [1] Earnings Estimates - The upcoming EPS for FedEx is projected at $5.98, indicating a 10.54% increase year-over-year [2] - Revenue is expected to be $21.8 billion, representing a 1.41% decline compared to the same quarter last year [2] Fiscal Year Projections - For the entire fiscal year, earnings are estimated at $18.17 per share and revenue at $87.46 billion, showing changes of +2.08% and -0.23% respectively from the previous year [3] - Recent analyst estimate revisions indicate a positive outlook for FedEx's business and profitability [3] Valuation Metrics - FedEx has a Forward P/E ratio of 12.63, which is below the industry average of 14.31, suggesting it is trading at a discount [6] - The current PEG ratio for FedEx is 1.19, compared to the industry average PEG ratio of 1.78 [7] Industry Ranking - The Transportation - Air Freight and Cargo industry, which includes FedEx, has a Zacks Industry Rank of 226, placing it in the bottom 9% of over 250 industries [8] - The Zacks Industry Rank measures the strength of industry groups based on the average Zacks Rank of individual stocks, with top-rated industries outperforming lower-rated ones by a factor of 2 to 1 [8]

Core Viewpoint - Global Ship Lease reported strong quarterly earnings, exceeding expectations and showing growth compared to the previous year [1][2]. Financial Performance - The company achieved earnings of $2.65 per share, surpassing the Zacks Consensus Estimate of $2.27 per share, and up from $2.53 per share a year ago, representing an earnings surprise of 16.74% [1]. - Revenues for the quarter reached $190.98 million, exceeding the Zacks Consensus Estimate by 14.73% and up from $179.56 million year-over-year [2]. Market Performance - Global Ship Lease shares have increased approximately 15% since the beginning of the year, significantly outperforming the S&P 500's gain of 1.3% [3]. Future Outlook - The company's earnings outlook will be crucial for assessing future stock performance, with current consensus EPS estimates at $2.29 for the next quarter and $9.36 for the current fiscal year [4][7]. - The estimate revisions trend for Global Ship Lease is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6]. Industry Context - The Transportation - Shipping industry, to which Global Ship Lease belongs, is currently ranked in the bottom 23% of over 250 Zacks industries, suggesting potential challenges ahead [8].

ZIM Integrated Shipping Services (ZIM) came out with quarterly earnings of $2.45 per share, beating the Zacks Consensus Estimate of $1.89 per share. This compares to earnings of $0.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 29.63%. A quarter ago, it was expected that this container shipping company would post earnings of $3.47 per share when it actually produced earnings of $4.66, delivering a surprise of 34.29%.Over t ...