Earnings News Updates

Business, Technology

Nikola Earnings Show Revenue Miss, Weak Electric Truck Delivery Forecast

Nikola Corp. posted an earnings loss amid efforts to expand the business during the fourth quarter of 2022, the company reported Feb. 23.

February 23, 2023
Business, Logistics

Trucking Industry Grapples With Q4 Slowdown

Motor carriers experienced a financial slowdown in the final months of 2022, as trends that indicate a return to normalized levels of business for the year ahead took hold, industry analysts said.

February 23, 2023
Business, Technology

Stellantis Earnings Rise as EV Push Drives Sales

AMSTERDAM — Automaker Stellantis on Feb. 22 reported its earnings grew in 2022 from a year earlier and said its push into electric vehicles led to a jump in sales.

February 22, 2023
Business, Technology, Logistics, Top 100

XPO’s Mario Harik Touts Strong Q4, Full-Year Performance

XPO Inc. CEO Mario Harik on Feb. 8 discussed how his company reached over a billion dollars in revenue during the fourth quarter despite a business spinoff and softening freight market.

February 9, 2023
Business, Equipment

Nissan Reports Better Profit as Chip Crunch Eases

TOKYO — Nissan reported a 55% jump in its October-December profit on Feb. 9, as the Japanese automaker gears up for a less-bumpy journey with its French alliance partner Renault.

February 9, 2023
Business

Toyota Keeps Conservative Profit View as CEO Transition Looms

Toyota Motor Corp. posted third-quarter profit that topped estimates, but kept its conservative outlook for the year intact.

February 9, 2023
Business, Technology, Equipment, Fuel

Paccar Reports Strong Q4 Revenue, Income

Paccar Inc. beat market expectations for fourth-quarter earnings Jan. 24, aided by strong demand for its trucks from customers looking to replace older, outdated vehicles.

January 25, 2023
Business, Global Freight

Union Pacific Profit Disappoints After Costly Winter Storms

Union Pacific Corp. reported fourth-quarter profit that missed analysts’ estimates as disruptions from winter storms drove up costs.

January 24, 2023
Business, For-Hire, Global Freight

FedEx Profit Tops Estimates as Higher Prices Offset Decline in Shipments

FedEx Corp. on Dec. 20 reported fiscal-year, second-quarter income that beat Wall Street expectations and revenue that fell below expectations.

December 21, 2022
Business, Logistics, Private

Walmart’s Grocery Gains Power Sales Beat and Stock Jump

Walmart Inc. jumped Nov. 15 after the retail giant reported strong quarterly results and boosted its annual forecast, putting its shares on pace to erase this year’s losses.

November 15, 2022