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Stock impact report

Q3 Earnings Highs And Lows: Hertz (NASDAQ:HTZ) Vs The Rest Of The Ground Transportation Stocks [Yahoo! Finance]

ArcBest Corporation (ARCB) 
Last arcbest corporation earnings: 1/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: arcb.com/investor-relations
Company Research Source: Yahoo! Finance
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let's take a look at how ground transportation stocks fared in Q3, starting with Hertz (NASDAQ:HTZ). The growth of e-commerce and global trade continues to drive demand for shipping services, especially last-mile delivery, presenting opportunities for ground transportation companies. The industry continues to invest in data, analytics, and autonomous fleets to optimize efficiency and find the most cost-effective routes. Despite the essential services this industry provides, ground transportation companies are still at the whim of economic cycles. Consumer spending, for example, can greatly impact the demand for these companies' offerings while fuel costs can influence profit margins. The 16 ground transportation stocks we track reported a softer Q3. As a group, revenues missed analysts' consensus estimates by 1.9%. While some ground transportation stocks have fared Show less Read more
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