WEST KELOWNA, British Columbia and BONHAM, Texas, April 30, 2025 (GLOBE NEWSWIRE) -- Kelso Technologies Inc. (“Kelso” or the “Company”),(TSX: KLS) reports that the Company has released the unaudited interim consolidated financial statements and Management Discussion and Analysis for the three months ended March 31, 2025. The unaudited interim consolidated financial statements were prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Stand ...

In the latest market close, FedEx (FDX) reached $210.33, with a +0.23% movement compared to the previous day. This change outpaced the S&P 500's 0.15% gain on the day. On the other hand, the Dow registered a gain of 0.35%, and the technology-centric Nasdaq decreased by 0.09%.Shares of the package delivery company witnessed a loss of 13.28% over the previous month, trailing the performance of the Transportation sector with its loss of 6.09% and the S&P 500's loss of 0.21%.Market participants will be closely ...

C.H. Robinson Worldwide (CHRW) came out with quarterly earnings of $1.17 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.86 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.71%. A quarter ago, it was expected that this trucking company would post earnings of $1.12 per share when it actually produced earnings of $1.21, delivering a surprise of 8.04%.Over the last four quarte ...

NEW YORK, April 30, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of TFI International Inc. (NYSE: TFII) between April 26, 2024 and February 19, 2025, both dates inclusive (the “Class Period”), of the important May 13, 2025 lead plaintiff deadline. SO WHAT: If you purchased TFI International securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee ar ...

Core Viewpoint - Heartland Express reported a quarterly loss of $0.18 per share, which was worse than the Zacks Consensus Estimate of a loss of $0.13, marking an earnings surprise of -38.46% [1] - The company's revenues for the quarter were $219.42 million, missing the Zacks Consensus Estimate by 9.20% and down from $270.32 million a year ago [2] Financial Performance - Over the last four quarters, Heartland Express has only surpassed consensus EPS estimates once [2] - The company has not beaten consensus revenue estimates in the last four quarters [2] - Year-to-date, Heartland Express shares have declined approximately 30.1%, compared to a 5.5% decline in the S&P 500 [3] Future Outlook - The company's earnings outlook will be crucial for investors, particularly in light of recent earnings report and future expectations [4] - Current consensus EPS estimate for the upcoming quarter is $0.02 on revenues of $275.22 million, and for the current fiscal year, it is $0.06 on revenues of $1.07 billion [7] Industry Context - The Transportation - Truck industry, to which Heartland Express belongs, is currently ranked in the bottom 1% of over 250 Zacks industries, indicating a challenging environment [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact Heartland Express's stock performance [5][6]

Wall Street expects a year-over-year decline in earnings on lower revenues when Avis Budget Group (CAR) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on May 7. On ...

Industry Overview - The oil and energy sector is experiencing significant challenges in Q1 2025, with falling oil prices and slight increases in natural gas prices creating a complex outlook for growth [1][4] - Oil prices have sharply declined, with West Texas Intermediate crude averaging $71.84 per barrel, down from $77.56 a year ago, primarily due to weaker global economic growth and increased supply [2] - Natural gas prices have surged to an average of $4.15 per million British thermal units (MMBtu), up from $2.13 per MMBtu, driven by colder weather and rising LNG exports [3] Earnings Performance - Energy companies in the S&P 500 are projected to see a 12.9% decline in earnings year-over-year, although this is an improvement from the 22.4% decline in Q4 2024 [4][5] - Revenue for energy companies is expected to decline by 0.3%, contrasting with a 3.8% growth forecast for the broader S&P 500 [4] - Excluding the energy sector, the S&P 500's earnings would rise by 8.3%, indicating the significant drag energy is placing on overall results [5] Company-Specific Insights - TC Energy Corporation (TRP) is expected to report earnings of 72 cents per share, reflecting a 21.74% decrease from the previous year, with a low chance of an earnings beat due to an Earnings ESP of -0.35% and a Zacks Rank of 3 [8][10] - Targa Resources Corp. (TRGP) has a Zacks Consensus Estimate of $2.06 per share, indicating a 68.85% increase year-over-year, but also has a low chance of an earnings beat with an Earnings ESP of -4.12% and a Zacks Rank of 3 [10][12] - PBF Energy Inc. (PBF) is projected to report earnings of $3.24 per share, suggesting a significant 476.74% decrease from the prior year, with an Earnings ESP of 0.00% and a Zacks Rank of 3, indicating low chances for an earnings beat [12][13]

China TransInfo Technology (002373.SZ) Quick Take: Mixed 1Q25 Print – Op. Profit Miss but Earnings Beat on Investment Income CITI'S TAKE Flash | Transinfo reported 1Q25 results with 1Q25 revenue edging up 2% YoY to Rmb1.6bn, 18% ahead BBGe, and 1Q25 GM expanded 0.6ppts YoY to 29.7%, 4.6ppts below BBGe. 1Q25 opex stood at Rmb555mn (flat YoY), 34% higher than BBGe, thus the 1Q25 operating loss came in at Rmb77mn. Helped by the gain from a fair value change in investment of Rmb302mn, 1Q25 net profit was Rmb221 ...

Core Insights - XPO reported quarterly earnings of $0.73 per share, exceeding the Zacks Consensus Estimate of $0.65 per share, but down from $0.81 per share a year ago, indicating an earnings surprise of 12.31% [1] - The company generated revenues of $1.95 billion for the quarter, missing the Zacks Consensus Estimate by 0.76% and down from $2.02 billion year-over-year [2] - XPO has surpassed consensus EPS estimates in all four of the last quarters, while it has topped revenue estimates three times during the same period [2] Earnings Outlook - The sustainability of XPO's stock price movement will largely depend on management's commentary during the earnings call and future earnings expectations [3][4] - Current consensus EPS estimate for the upcoming quarter is $1 on revenues of $2.05 billion, and for the current fiscal year, it is $3.81 on revenues of $8.13 billion [7] Industry Context - The Transportation - Truck industry, to which XPO belongs, is currently ranked in the bottom 1% of over 250 Zacks industries, which may negatively impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that the outlook for the industry can significantly affect stock performance [5][8] Stock Performance - XPO shares have declined approximately 25.7% since the beginning of the year, contrasting with the S&P 500's decline of 5.5% [3] - The estimate revisions trend for XPO is currently unfavorable, resulting in a Zacks Rank 4 (Sell), indicating expected underperformance in the near future [6]

Core Insights - XPO reported first quarter 2025 financial results with diluted earnings per share of $0.58, up from $0.56 in Q1 2024, while adjusted diluted earnings per share decreased to $0.73 from $0.81 year-over-year [1][7][8] - Total revenue for Q1 2025 was $1.95 billion, a decline of 3.2% compared to $2.02 billion in Q1 2024, primarily due to lower fuel surcharge revenue in the North American LTL segment [6][10] - The company achieved adjusted EBITDA of $278 million, down from $288 million in the same quarter last year, reflecting a 3.5% decrease [8][49] Financial Performance - North American Less-Than-Truckload (LTL) segment revenue was $1.17 billion, a 4.0% decrease from $1.22 billion in Q1 2024, with operating income of $158 million, down from $165 million [10][11] - European Transportation segment revenue decreased by 1.9% to $782 million, with operating income improving to $1 million from a loss of $4 million [11][42] - Corporate segment reported an operating loss of $9 million, significantly improved from a loss of $23 million in the previous year [11][46] Operational Efficiency - The adjusted operating ratio for North American LTL improved to 85.9%, reflecting a cumulative improvement of 370 basis points over two years [5][10] - The company reported a year-over-year reduction in purchased transportation expenses by 53%, contributing to enhanced cost efficiency [5][10] - XPO's first quarter yield growth, excluding fuel, accelerated to 6.9%, with revenue per shipment improving for the ninth consecutive quarter [5][10] Cash Flow and Capital Expenditures - XPO generated $142 million in cash flow from operating activities in Q1 2025, ending the quarter with $212 million in cash and cash equivalents after $191 million in net capital expenditures [9][28]