Another equity research analyst has pulled up earnings estimates for trucking companies. Citing recent conversations with management teams from several transportation companies, Deutsche Bank (NYSE: DB) analyst Amit Mehrotra raised his earnings per share (EPS) forecasts for the rest of 2020 and all of 2021 on the carriers he follows.
“The bottom line is we expect Transportation results to be very strong across the board, with likely more to come over the course of the next several quarters,”...
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