Quarterly Earnings News Updates

Business, Private

Walmart Attracts Savings-Minded Shoppers, Posts Strong Q3

Walmart extended its streak of strong quarterly gains heading into the holiday season as its low prices attract shoppers looking for deals in a tough economic environment.

November 16, 2023
Business, Technology, Equipment

Third-Quarter Loss Widens for Truck Maker Hyzon

Third-quarter losses at Hyzon Motors Inc. increased to $41 million from $25 million in the year-ago period as the Class 8 hydrogen FCEV manufacturer eyes the start of serial production.

November 14, 2023
Business, For-Hire

FedEx Beats Quarterly Wall Street Profit Expectations

FedEx Corp. posted a higher profit than Wall Street expected in its most recent quarter, but trimmed expectations for the full-year period.

September 20, 2023
Business, Logistics, For-Hire

Saia Reports Lower Q2 Profit, Revenue

Saia Inc. posted net income of $91.3 million in the second quarter of 2023, compared with $109.2 million in the same period a year earlier, the less-than-truckload carrier said.

July 31, 2023
Business, Equipment

Wabash Quarterly Profit Jumps as Margin Rises

Trailer manufacturer Wabash National posted a 6.8% increase in net sales in the second quarter compared with the same period a year earlier. 

July 27, 2023
Business, Logistics, Top 100

GXO Reports Record Revenue of $2.3 Billion for Q1

GXO Logistics reported its highest-ever first-quarter revenue when its earnings report was released May 9.

May 10, 2023
Business, Equipment, Logistics, Top 100

Daseke Reports Revenue, Earnings Drop in Q1

Daseke Inc. experienced a year-over-year drop in revenue and earnings during the first quarter of 2023, the company reported May 9.

May 9, 2023
Business, Logistics, Global Freight

Maersk Profits Slip in Q1, Forecasts Weak 2023

A.P. Moller-Maersk A/S, a bellwether for global trade, signaled weaker results for the rest of 2023 after reporting first-quarter operating profit that tumbled by more than half.

May 4, 2023
Business, Logistics, Top 100

XPO Reports $1.9 Billion Revenue for Q1

XPO Inc. experienced an increase in revenue despite a challenging freight environment during the first quarter of 2023, the company reported May 4. 

May 4, 2023
Business, Technology

Ford Beats Q1 Profit Estimates, Warns of Opaque 2023 Outlook

Ford Motor Co. beat Q1 profit estimates on higher pricing and increased volumes, but left its full-year outlook unchanged over concern about pricing power and economic uncertainty.

May 3, 2023