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The Russell 1000’s transportation industry group is expected to see 19Q3 net income increase 4.5% from the prior year. Within the group the largest drag is the trucking sub-industry, which is expected to decline 55.2%. Ride sharing giants, and sub-industry constituents, Uber Technologies Inc (UBER.N) and Lyft Inc (LYFT.O) both beat net income expectations, but saw year-on-year (YoY) net income declines of 17.8% and 86% respectively. Analysts anticipate that Lyft will be the first to reach positive YoY net income in the first quarter of 2020.
Fixed income funds realized a return of positive 0.50% on average during the first ...
U.S. retail sales smashed expectations in March, with total sales (mkt +0.3% m/m) up ...
To date, 186 of the 204 companies in our retail/restaurant index have reported their EPS ...
To date, 166 of the 204 companies in our Retail/Restaurant Index have reported their EPS ...
