Genco Shipping & Trading LtdGenco achieved the biggest analyst estimate beat and fastest revenue growth among peers, with revenues surging 73% year on year.
The 27 transportation and logistics stocks tracked by StockStory reported a very strong first quarter, with aggregate revenues beating analysts' consensus estimates by 2.2%. CSX posted revenues of $3.48 billion, up 1.7% year on year and in line with expectations, while delivering a solid beat on adjusted operating income and EPS. Genco achieved the biggest analyst estimate beat and fastest revenue growth among its peers, with revenues of $72.02 million surging 73% year on year. Universal Logistics was the weakest performer, with revenues of $367.6 million down 3.9% year on year and missing estimates by 1.3%. Expeditors reported revenues of $2.78 billion, up 4.4% and topping expectations by 6.5%, and Hertz posted revenues of $2.00 billion, up 10.5% and beating estimates by 5.9%. Share prices of the group have held steady, rising 4.6% on average since the latest earnings results.
Genco Shipping & Trading LtdGenco achieved the biggest analyst estimate beat and fastest revenue growth among peers, with revenues surging 73% year on year.
Universal Logistics Holdings IncUniversal Logistics was the weakest performer, with revenues down 3.9% year on year and missing estimates by 1.3%.
CSX CorporationCSX reported Q1 revenues in line with expectations and a solid beat on adjusted operating income and EPS.
Expeditors International of Washington, Inc.Expeditors reported revenues up 4.4% and beating expectations by 6.5%.
Hertz Global Holdings IncHertz posted revenues up 10.5% and beating estimates by 5.9%.