Earnings News Updates

Business

Target Stands By Its Annual Outlook

Target Corp. stood by its annual outlook after posting higher-than-expected profit in the first quarter, even as “softening sales trends” threaten to crimp short-term results.

May 17, 2023
Business, Equipment

Eaton Q1 Profit Rises 19.7% as It Eyes Megaprojects

Profits at Eaton Corp. rose 19.7% in the first quarter of 2023 on sales growth that beat company expectations.

May 2, 2023
Business, Equipment, For-Hire

Forward Air Reports Revenue and Earnings Decline for Q1

Forward Air Corp. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported May 1.

May 1, 2023
Business, Logistics, For-Hire

Hub Group Reports Revenue and Earnings Decline for Q1

Hub Group Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 27.

April 28, 2023
Business, Logistics, For-Hire

Landstar Reports Revenue and Earnings Decline for Q1

Landstar System Inc. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported April 26.

April 27, 2023
Business, Technology, Equipment

Paccar Q1 Earnings Soar as Truck, Parts Margins Jump

Paccar saw its earnings jump 22% year-over-year in the three months that ended March 31 on the back of record revenue and a jump in margins.

April 25, 2023
Business, Technology, Safety, Fuel, Autonomous

Tesla Q1 Sales Climb, but Profit Falls on Price Cuts

DETROIT — Tesla shares fell sharply April 20 as the company felt the sting of numerous price cuts it made across its model lineup this year in hopes of energizing sales.

April 20, 2023
Business, Private

Albertsons Eyes Higher Wages, Tougher Consumer Backdrop

Albertsons Cos. is anticipating higher labor costs and “a more difficult consumer environment” in a new sign of caution from big U.S. retailers.

April 11, 2023
Business, Technology

Rivian Slides as EV Production Target, Cash Burn Raise Concerns

Rivian Automotive Inc. tumbled the most in nine months after the electric vehicle maker’s production plans for this year fell short of Wall Street’s expectations.

March 1, 2023
Business, Logistics

Target Tempers Strong Q4 With Cautious Forecast

Target Corp. turned in a strong fourth-quarter performance but offered a cautious financial forecast for this year as the retailer contends with shaky demand for discretionary goods.

February 28, 2023