Q3 2024 earnings News Updates

Business, Private

Low Prices Boost Walmart in Q3

NEW YORK — Walmart ratcheted up sales and profits again in the third quarter with its comparatively low prices proving a powerful draw for shoppers seeking to cut spending where they could.

November 19, 2024
Business, Technology, Equipment, Fuel

Westport Q3 Loss Narrows as Cespira JV Ramps Up

Westport Fuel Systems’ loss narrowed in the third quarter, due in part to the company’s decision to recognize its heavy-duty truck operations as an equity investment on its financial ledger.

November 13, 2024
Business, Private

ºÚÁϳԹÏÍø Depot’s Q3 Results Top Expectations

ºÚÁϳԹÏÍø Depot continued to deal with a pullback in spending from customers in fiscal Q3, but it was less severe than in the past, and its performance beat Wall Street’s expectations.

November 12, 2024
Business, Technology, Fuel

Rivian Sticks to Q4 Profit Goal Despite Production Setback

The company is on track to meet the closely watched target thanks to a higher mix of premium models boosting revenue per vehicle sold and sales of regulatory credits.

November 7, 2024
Business, Logistics

RXO Reports Revenue Increase to Just More Than $1B for Q3

RXO posted an increase in third-quarter revenue despite a persistently soft market environment by focusing on its customer relationships, the company reported Nov. 7.

November 7, 2024
Business

Landstar Q3 Profits, Revenue Slide in 'Challenging' Quarter

Profit and revenue at Landstar System Inc. fell year over year in the third quarter on the back of ongoing weakness in the truckload market.

November 7, 2024
Business, Logistics, For-Hire, Top 100

Intermodal Load Growth Cushions Hub Group Q3 Profit Decline

Hub Group profit and revenue fell in Q3 2024, but intermodal load growth mitigated the damage and the carrier’s top executive is becoming more optimistic about the freight environment.

November 7, 2024
Business, Equipment

Nissan Cuts 9,000 Jobs as Its Vehicles Fail to Sell

TOKYO — Nissan reported Nov. 7 a loss for the latest fiscal quarter as its vehicle sales sank while costs and inventory ballooned, prompting the Japanese automaker to slash 9,000 jobs.

November 7, 2024
Business, Logistics, For-Hire, Top 100

Schneider Q3 Revenue, Profit Decline in Weak Freight Market

The company's results missed expectations from investment analysts on Wall Street, who had been looking for earnings per share of 23 cents and quarterly revenue of $1.33 billion.

November 6, 2024
Business, For-Hire

Heartland Express in Red for Q3 Again but Loss Narrows

Losses at Heartland Express narrowed year over year in the third quarter as both legacy brands and two more recently acquired units turned in an improved performance.

November 6, 2024