By Jeff Berman · May 4, 2016
Total gross first quarter revenue for XPO was up 404.4 percent annually to $3.5 billion, with net revenue up 510.5 percent to $1.6 billion. While gross and net revenue were up, the company reported a net loss of $23.2 million, or $0.21 per diluted share and an adjusted net loss attributable to common shareholders of $9.3 million or $0.08 per share.
By Jeff Berman · April 28, 2016
Quarterly revenue was up 3.2 percent annually at $14.4 billion, with earnings per share up 13 percent at $1.27 for the fifth straight month of UPS growth (ahead of Wall Street expectations of $1.22 per share), as well as setting a new record for the first quarter.
By Jeff Berman · July 12, 2013
UPS said today it is lowering its diluted earnings per share guidance to $1.13, which is below the Wall Street estimate of $1.20.
By Jeff Berman · May 6, 2011
Earlier today, less-than-truckload (LTL) transportation services provider YRC Worldwide (YRCW) reported a $102 million net loss in the first quarter and a $2.14 loss per share. Despite the losses, company officials said this represented an improvement over the first quarter of 2011, which saw a net loss of $274 million and $13.15 per share.
By Jeff Berman · April 26, 2011
Despite increasing fuel costs and harsh winter weather conditions, UPS reported today that first quarter revenue—at $12.58 billion—was up 7.3 percent year-over-year.
By Jeff Berman · April 14, 2011
Trucking and intermodal services bellwether J.B. Hunt (JBH) kicked off the first quarter earnings season in style with record net earnings of $50.1 million or $0.40 per share compared to net earnings of $37.5 million and $.029 per share a year ago.
By Jeff Berman · February 15, 2011
Citing severe winter storms and higher-than-expected fuel prices FedEx said this week that it’s projected fiscal third quarter earnings have been impacted by roughly $0.25 per share.
By Jeff Berman · December 16, 2010
A combination of factors led to net income for the fiscal second quarter at FedEx to drop 18 percent to $283 million, according to the company’s earnings announcement today.
By Jeff Berman · October 21, 2010
Keeping in line with the second quarter, UPS reported solid third quarter results earlier today. Quarterly revenue—at $12.19 billion—was up 9.3 percent year-over-year, and operating profit—at $1.6 billion—was up 74 percent. Net income at $991 million was up 80.5 percent, and earnings per share—at $0.93—were up 69 percent and topping Wall Street estimates that were in the $0.80-$0.92 range.
By Jeff Berman · September 16, 2010
FedEx got fiscal year 2011 off to a strong start, with net income of $380 million for the quarter for a 110 percent increase from $181 million during the same timeframe a year ago.
<p>UPS (NYSE:UPS) today announced diluted earnings per share of $0.84 for the second quarter of 2010, a 71% jump over the adjusted earnings of the prior-year period. Global revenue increased 13%, generating a 57% increase in operating profit to $1.4 billion.</p> By Jeff Berman · July 22, 2010
Despite an uneven economy, UPS earlier today reported strong second quarter results. The company said that quarterly revenue—at $12.2 billion—was up 12.7 percent year-over-year, and operating profit—at $1.4 billion—was up 56.6 percent. Earnings per share—at $0.84—were up 71 percent.
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From the October 2016 Issue
Brownells’ new Iowa distribution center has taken touches—and miles—out of the order fulfillment process and increased throughput with near 100% accuracy.
System Report: Brownells new DC is flexible and responsive
Pallet Usage Report: Pallets Remain Critical in the Modern-Day Warehouse
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