earnings per share

DoorDash posts mixed earnings, acquires Wolt for $8.1B

DoorDash reports mixed earnings, stock jumps post market on news of Wolt acquisition

In its first earnings statement as a public company, issued on Feb. 25, DoorDash disappointed despite setting quarterly records for total orders, adjusted earnings before interest, taxes, depreciation and amortization, and market share. Investors instead fixated on the company’s doubling of its quarterly loss over Q4 2019.

Since then, DoorDash (NYSE: DASH) has ridden pandemic tailwinds to a pair of productive quarters in 2021, turning in strong earnings across the board in Q1 and a sequential...

https://www.freightwaves.com/news/doordash-posts-mixed-earnings-acquires-wolt-for-8-1b

Uber posts first-ever adjusted profit as drivers return

Uber posts first adjusted profit in Q3 2021 earnings, good quarter for Uber Eats and Uber Freight

It’s official –– Uber has turned in a profitable quarter for the first time since becoming a publicly traded company in 2019.

The company’s Q3 earnings release revealed an adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) profit of $8 million, a narrow margin but enough to get Uber over the hump and into the realm of profitability.

Uber (NYSE: UBER) also beat the consensus analyst estimates for revenue during a quarter when the company’s gross bookings reached an...

https://www.freightwaves.com/news/uber-posts-first-ever-adjusted-profit-as-drivers-return

Pitney Bowes reports record revenue in Q4

Pitney Bowes reports fourth quarter earnings for 2020.Link to full report

E-commerce and parcel solutions provider Pitney Bowes (NYSE: PBI) Tuesday reported consolidated revenue exceeded $1 billion for the fourth quarter of 2020, a 24% year-over-year increase.

“Revenue growth was the highest modern-day, organic growth rate on record for us,” Marc B. Lautenbach, president and CEO at Pitney Bowes, said in a statement. 

Earnings per share did dip to 13 cents in the fourth quarter from 14 cents per share in Q4 of 2019.

Global e-commerce for Pitney Bowes...

https://www.freightwaves.com/news/pitney-bowes-reports-record-revenue-in-q4

American Airlines gets Q3 boost from cargo as yields pop

A silver American Airlines jet with flag-pained tail moves down taxiway.

American Airlines (NASDAQ: AAL) stepped up its cargo game in the third quarter on the strength of an 83.6% jump in cargo yield that helped the company’s overall results beat investors’ expectations. Cargo revenue was essentially equal to a year ago despite operating a stripped-down network.

American said Thursday it lost $2.8 billion in the third quarter, excluding special charges, compared to the year-ago period — an improvement from the $3.4 billion it lost in the second quarter as it came to...

https://s29755.pcdn.co/news/american-airlines-gets-q3-boost-from-cargo-as-yields-pop

Commentary: A customer checklist for reading railroads’ third-quarter reports

The views expressed here are solely those of the author and do not necessarily represent the views of FreightWaves or its affiliates.

The six railroads that practice their marketing-term model that is called precision scheduled railroading (PSR) will be reporting their third-quarter financial results through the remaining days of October.

There is, however, an opportunity for a more holistic quarterly briefing.  

This week’s market view rail column provides an argument for a new checklist of...

https://s29755.pcdn.co/news/commentary-a-customer-checklist-for-reading-railroads-third-quarter-reports

UPS blows away estimates with stunning second-quarter results

UPS Inc. (NYSE:UPS) reported second-quarter results before the market opened on July 30 that exceeded analysts’ estimates by a wide margin.

Adjusted diluted earnings per share (EPS) surged to $2.13, up 8.7% quarter-on-quarter and more than doubling the median estimates by analysts polled by Barchart. The EPS results surpassed the high-water estimate of $1.30 a share that had been set by analysts at Deutsche Bank.

The Atlanta-based company reported $1.9 billion in adjusted net income, up 8.8% from...

https://www.freightwaves.com/news/ups-blows-away-estimates-with-stunning-second-quarter-results