EXPD

Southwest Airlines Co. (LUV) is scheduled to report second-quarter 2026 results on July 22. Southwest Airlines has an encouraging earnings surprise history. The company’s earnings outpaced the Zacks Consensus Estimate in two of the trailing four quarters (missed the mark in one of the remaining quarters and matched the mark in another quarter), delivering an average beat of 246.97%. Image Source: Zacks Investment Research Let’s see how things have shaped up for Southwest Airlines this earnings season. The Zacks Consensus Estimate for LUV’s second-quarter 2026 revenues is pegged at $8.58 billion, indicating 18.38% growth year over year. Management anticipates second-quarter 2026 unit revenues (RASM) to increase in the range of 16.5% to 18.5%,on a year-over-year basis, with capacity up flat to up 1% year over year. We expect LUV's performance in the to-be-reported quarter to have been boosted by an uptick in total revenues, driven by high passenger revenues, as domestic air-travel demand stabilizes. Our estimate for passenger revenues in the to-be-reported quarter indicates a 18.5% increase from the second-quarter 2025 actual. LUV is also expected to benefit from revenue initiatives and continued cost control, which contribute to solid results and strong momentum. LUV’s customer-focused product offering, operational excellence and dramatic progress from the transformational initiatives implemented last year are likely to act as other tailwinds. Further, Southwest Airlines’ lean cost structure, expanding operations and strategic partnerships, coupled with its efforts to reward its shareholders, also bode well. The Zacks Consensus Estimate for LUV’s second-quarter 2026 earnings has been revised downward by 3.70% in the past 60 days to 52 cents per share. However, the consensus mark implies an upside of 20.93% from the year-ago actual. The consensus estimate lies within the company-provided guided range of 35-65 cents. Image Source: Zacks Investment Research Fuel remains a key swing factor in near-term results. Notably, oil prices declined by almost 31% during the April-June 2026 period, with oil prices being down 20% during the month of June 2026 alone. As fuel expenses represent a key input cost for any transportation player, a fall in oil prices bodes well for the bottom-line growth of airline stocks. For the second quarter of 2026, the company assumes fuel co...

Westinghouse Air Brake Technologies WAB, operating as Wabtec Corporation, is scheduled to report second-quarter 2026results on July 22, before market open. The Zacks Consensus Estimate for WAB’s second-quarter 2026 earnings has remained flat at $2.63 per share over the past 60 days. The consensus mark for earnings implies a 15.9% upside from the year-ago actual. The consensus estimate for sales (currently pegged at $3.08 billion) suggests a 13.8% uptick from the year-ago actual. Wabtec has an encouraging earnings surprise history. The company’s earnings have outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 3.97%. Wabtec price-eps-surprise | Wabtec Quote We expect Wabtec's performance in the to-be-reported quarter to have been adversely affected by higher operating expenses. Persistent geopolitical tensions in the Middle East and ongoing supply-chain disruptions are also likely to have pressured the company's bottom line. Conversely, WAB's top-line performance in the to-be-reported quarter is expected to have benefited from stronger demand for services and components, supported by solid sales across both the aftermarket and original equipment manufacturing (OEM) channels. The Zacks Consensus Estimate for Freight revenues is pegged at $2.19 billion, implying 4.9% growth from the prior-year reported figure. The consensus mark for Transit revenues is pinned at $839.37 million, indicating 6.65% growth from the prior-year reported figure. Our proven model does not conclusively predict an earnings beat for Wabtec this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. Wabtec has an Earnings ESP of 0.00% and a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here. WAB reported encouraging first-quarter 2026 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate and increased year over year. Quarterly earnings per share of $2.71 beat the Zacks Consensus Estimate of $2.55 and improved 18.9% year over year, driven by higher sales and non-operational benefits primarily related to currency fluctuation and the timing of tax expense...

CSX Corporation CSX is scheduled to report second-quarter 2026 results on July 22, after market close. The Zacks Consensus Estimate for the second-quarter 2026 earnings has been revised upward by 4.3% over the past 60 days to 49 cents per share. The Zacks Consensus Estimate for revenues is pegged at $14.9 billion, indicating a 5.45% increase from the second-quarter 2025 actuals. CSX has an encouraging earnings surprise history, having surpassed the Zacks Consensus Estimate thrice in the trailing four quarters and missed the mark once in the remaining, delivering an average earnings beat of 3.16%. CSX Corporation price-eps-surprise | CSX Corporation Quote Let us see how things are likely to have shaped up for CSX this earnings season. Factors Likely to Have Influenced CSX's Q2 Performance CSX's second-quarter performance is expected to have benefited significantly from the upgraded Southeast Mexico Express (“SMX”) service, driven by faster transit times, expanded market reach and enhanced network efficiency. Our estimate for second-quarter total merchandise revenues is pegged at $2.33 billion, indicating a 3.1% increase from the year-ago reported figure. For coal and intermodal revenues, our estimate is pinned at $506.7 million and $547.1 million, respectively, suggesting 6.2% and 11.4% increase from the year-ago reported figure. The expanding rail-served facility network, broader market access through new intermodal and interchange agreements, and improved network performance are expected to have further boosted the company's operational efficiency and second-quarter performance. What Our Model Says About CSX Our proven model predicts an earnings beat for CSX this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. CSX has an Earnings ESP of +1.66% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here. Highlights of CSX’s Q1 Earnings CSX reported mixed first-quarter 2026 results, wherein earnings surpassed the Zacks Consensus Estimate while revenues missed the mark. Quarterly earnings per share of 43 cents surpassed the Zacks Consensus Estimate of 39 cents and increased 26% on a year-over-year basis. Total revenues of $3.48 bill...

Alaska Air Group ALK is scheduled to report second-quarter 2026 results on July 21, after market close. The Zacks Consensus Estimate for ALK’s second-quarter 2026 earnings per share has been revised downward by 4.30% in the past 60 days to 97 cents. The consensus mark implies a more than 100% decline from the year-ago actuals. The Zacks Consensus Estimate for ALK’s second-quarter 2026 revenues is pegged at $4.09 billion, indicating 10.6% growth year over year. ALK has a mixed earnings surprise history, having outperformed the Zacks Consensus Estimate in two of the preceding four quarters and missing twice in the remaining, delivering an average beat of 73.8%. Alaska Air Group, Inc. price-eps-surprise | Alaska Air Group, Inc. Quote Let’s see how things have shaped up for ALK this earnings season. We expect ALK's performance in the to-be-reported quarter to have been boosted by an uptick in total revenues, driven by high passenger revenues, as domestic air-travel demand stabilizes. Strong passenger traffic during the holiday travel period likely supported top-line growth in the to-be-reported quarter. Our model projects passenger revenues to have increased 9.8% year over year in the second quarter of 2026. Additionally, we estimate cargo and other revenues at $185.1 million, representing a 33.2% increase from the prior-year period. On the contrary, geopolitical uncertainty, tariff-related pressures and persistent inflation are likely to have weighed on ALK’s operations. These headwinds might have caused volatility in passenger traffic and, in turn, limited the airline’s ability to maintain strong yields and consistent revenue growth. Our proven model does not conclusively predict an earnings beat for ALK this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that’s not the case here. ALK has an Earnings ESP of -0.88% and a Zacks Rank #3 at present. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. ALK reported a wider-than-expected loss in the first-quarter of 2026. Revenues edged past the Zacks Consensus Estimate. The company reported a loss of $1.68 per share, wider than the Zacks Consensus Estimate of a loss of $1.61. In the year-ago quarter, ALK reported a loss of 77 cents per share. Meanwhile, operating r...

United Airlines Holdings, Inc. UAL is scheduled to report second-quarter 2026 results on July 15, after market close. The Zacks Consensus Estimate for UAL’s second-quarter 2026 earnings per share has been revised downward by 8.3% over the past 60 days to $1.78. The consensus mark for earnings implies a 54% increase from the year ago actuals. The Zacks Consensus Estimate for UAL’s second-quarter 2026 revenues is pegged at $66.8 billion, indicating 13.1% growth year over year. United Airlines has an encouraging earnings surprise history. The company’s earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average beat of 4.95%. United Airlines Holdings Inc price-eps-surprise | United Airlines Holdings Inc Quote Let’s see how things have shaped up for United Airlines this earnings season. We expect the UAL’stop line in the to-be-reported quarter to have been bolstered by improvement in air-travel demand, driven by its ongoing network expansion and customer-focused initiatives. The Zacks Consensus Estimate for passenger revenues is pegged at $16.12 billion, which indicates an increase of 16.4% from the second-quarter 2025 actuals. Meanwhile, the consensus estimates for cargo and other revenues for the June-end quarter of 2026 are pegged at $458.9 million and $1.06 billion, respectively, indicating increases of 6.7% and 9% year over year. On the contrary, the high fuel costs are expected to have weighed on UAL’s bottom-line performance in the to-be-reported quarter. Elevated fuel expenses, coupled with higher labor costs, are expected to have driven up the airline's overall operating costs, putting pressure on margins and profitability. The Zacks Consensus Estimate for average fuel cost per gallon is pegged at $4.27, which is higher than the $2.34 reported in the second quarter of 2025. The Zacks Consensus Estimate for non-fuel unit cost or cost per available seat mile (CASM: adjusted) is pinned at 13.01 cents compared with 12.36 cents reported in the second quarter of 2025. Our proven model predicts an earnings beat for United Airlines this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. However, that’s not the case here. UAL has an Earnings ESP of +1.26% and a Zacks Rank #3 at present. You can uncover the best stocks to buy...

Looking back on air freight and logistics stocks’ Q1 earnings, we examine this quarter’s best and worst performers, including Expeditors (NYSE:EXPD) and its peers. The growth of e-commerce and global trade continues to drive demand for expedited shipping services, presenting opportunities for air freight companies. The industry continues to invest in advanced technologies such as automated sorting systems and real-time tracking solutions to enhance operational efficiency. Despite the advantages of speed and global reach, air freight and logistics 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 4 air freight and logistics stocks we track reported a very strong Q1. As a group, revenues beat analysts’ consensus estimates by 2.3%. While some air freight and logistics stocks have fared somewhat better than others, they have collectively declined. On average, share prices are down 1.6% since the latest earnings results. Expeditors (NYSE:EXPD) offers air and ocean freight as well as brokerage services. Expeditors reported revenues of $2.78 billion, up 4.4% year on year. This print exceeded analysts’ expectations by 6.5%. Overall, it was an incredible quarter for the company with a beat of analysts’ EPS and adjusted operating income estimates. Expeditors scored the biggest analyst estimate beat of the whole group. Unsurprisingly, the stock is up 4.9% since reporting and currently trades at $160.63. Is now the time to buy Expeditors? Access our full analysis of the earnings results here, it’s free. Sporting one of the largest air cargo fleets in the world, FedEx (NYSE:FDX) is a global provider of parcel and cargo delivery services. FedEx reported revenues of $24 billion, up 8.3% year on year, outperforming analysts’ expectations by 2.1%. The business had a stunning quarter with a beat of analysts’ EPS and adjusted operating income estimates. FedEx delivered the fastest revenue growth among its peers. Although it had a fine quarter compared to its peers, the market seems unhappy with the results as the stock is down 8.1% since reporting. It currently trades at $327.29. Is now the time to buy FedEx? Access our full analysis of the earnings results here, it’s free. Engaging in contracts with tens of thousands of transportati...

A month has gone by since the last earnings report for ZTO Express (Cayman) Inc. (ZTO). Shares have lost about 4.3% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is ZTO Express Cayman due for a breakout? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent drivers for ZTO Express (Cayman) Inc. before we dive into how investors and analysts have reacted as of late. ZTO Express reported first-quarter 2026 earnings of 43 cents per share, which improved from the year-ago quarter. Total revenues of $1.92 billion also improved from the year-ago reported quarter. Revenue from the core express delivery business increased 22.5% year over year, owing to a 13.2% growth in parcel volume and an 8.2% increase in parcel unit price. Key account revenue, generated by direct sales organizations, grew 92.2% year over year owing to increase in e-commerce return parcels. Revenues from freight forwarding services decreased 13% year over year. Revenue from sales of accessories, largely consisted of sales of thermal paper for digital waybills, rose 3.1% year over year. Other revenues were mainly derived from financing services. Gross profit increased 20.3% from the year-ago reported quarter. Gross margin rate fell to 24.4% from 24.7% in the year-ago period. Total operating expenses were RMB690.0 million ($100.0 million), compared with RMB283.8 million in the same period last year. ZTO Express exited the first quarter of 2026 with cash and cash equivalents of $1.65 billion compared with $1.43 billion at the end of the prior quarter. ZTO’s board has approved a new share repurchase program in March 2026, authorizing the repurchase of up to $1.5 billion of its shares over the next 24 months, effective from March 20, 2026, through March 20, 2028. ZTO Express anticipates to fund these repurchases utilizing its existing cash balance. Based on current market and operating conditions, ZTO Express reaffirms its 2026 parcel volume guidance in the range of 42.37 billion to 43.52 billion (reflecting 10-13% year over year growth). Analysts were quiet during the last two month period as none of them issued any earnings estimate revisions. At this time, ZTO Express Cayman has a average Growth Score of C, a score with the same score on the momentum front....

A month has gone by since the last earnings report for Expeditors International (EXPD). Shares have added about 4.9% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Expeditors International due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important drivers. EXPD Tops Q1 Earnings & Revenue Estimates Expeditors posted first-quarter 2026 earnings of $1.71 per share, up 16.3% year over year and above the Zacks Consensus Estimate of $1.33. Total revenues came in at $2.78 billion, up 4.4% from the year-ago quarter and ahead of the consensus mark of $2.58 billion. Results reflected resilient demand in select end markets and solid execution amid disruption late in the quarter. Airfreight tonnage increased 5% year over year, supported by strength from technology customers and improved higher per-kilo profitability in the early part of the quarter. EXPD Navigates Disruption With Its Non-Asset Model Management pointed to significant disruption in the final month of the quarter, emphasizing the company’s ability to develop routing strategies and customer solutions as conditions shifted. EXPD leaned on its non-asset-based model to stay flexible, keep freight moving and protect profitability across products and geographies. The company also highlighted a more stable balance between sell and buy pricing early in the quarter in airfreight, which supported gross margin improvement sequentially. As conditions became more dynamic, EXPD stressed risk management and rapid adjustments to rates and capacity availability. Expeditors Sees Mix Shift Across Freight Lines Performance varied sharply by product line, underscoring the importance of diversification within the portfolio. Airfreight services revenues rose to $1.03 billion, reflecting higher volumes and firmer yield dynamics earlier in the quarter. Customs brokerage and other services revenues increased to $1.15 billion, benefiting from higher entry volumes, tariff-driven complexity and pricing initiatives. By contrast, ocean freight and ocean services revenues declined to $598.9 million as industry conditions remained pressured. Ocean container volume decreased 4% year over year, and management cited lower...

Expeditors International of Washington reported past first-quarter 2026 results with revenue of US$2,782.96 million and net income of US$229.61 million, alongside diluted EPS of US$1.71 that exceeded analyst expectations. The company coupled this earnings beat with a semi-annual dividend of US$0.81 per share and continued buybacks, underscoring a multi-pronged approach to returning cash to shareholders. We’ll now examine how this combination of stronger airfreight performance and stepped-up capital returns shapes Expeditors International’s investment narrative. Uncover the next big thing with 24 elite penny stocks that balance risk and reward. To own Expeditors, you really need to believe in the value of an asset‑light logistics specialist that can convert volatile freight cycles into steady cash generation. The latest quarter backs that up: airfreight strength and an 11% rise in operating income supported an earnings beat, while a higher US$0.81 dividend and ongoing buybacks reinforce the focus on returning capital. Those moves likely give a small near term boost to sentiment after the sector selloff, but they do not fundamentally change the key debate around the stock’s premium valuation and relatively modest forecast growth. Short term, the main catalysts still sit in freight mix and pricing, plus how effectively management uses its new US$3 billion repurchase authorization. The biggest risk is that slower growth leaves that premium multiple exposed if freight conditions soften. However, there is also a less visible risk tied to recent insider selling that investors should understand. Expeditors International of Washington's shares have been on the rise but are still potentially undervalued. Find out how large the opportunity might be. Three fair value views from the Simply Wall St Community span roughly US$103.84 to US$157.68, underlining how far opinions can stretch. Set that against Expeditors’ recent earnings beat and richer capital returns, and you can see why investors may reach very different conclusions about how sustainable current profitability really is. Explore 3 other fair value estimates on Expeditors International of Washington - why the stock might be worth as much as $157.68! Disagree with this assessment? Extraordinary investment returns rarely come from following the herd, so go with your instincts. A great starting point for your Exped...

Expeditors International of Washington EXPD posted first-quarter 2026 earnings of $1.71 per share, up 16.3% year over year and above the Zacks Consensus Estimate of $1.33. Total revenues came in at $2.78 billion, up 4.4% from the year-ago quarter and ahead of the consensus mark of $2.58 billion. Results reflected resilient demand in select end markets and solid execution amid disruption late in the quarter. Airfreight tonnage increased 5% year over year, supported by strength from technology customers and improved per-kilo profitability in the early part of the quarter. Expeditors International of Washington price-consensus-eps-surprise-chart | Expeditors International of Washington Quote Management pointed to significant disruption in the final month of the quarter, emphasizing the company’s ability to develop routing strategies and customer solutions as conditions shifted. EXPD leaned on its non-asset-based model to stay flexible, keep freight moving and protect profitability across products and geographies. The company also highlighted a more stable balance between sell and buy pricing early in the quarter in airfreight, which supported gross margin improvement sequentially. As conditions became more dynamic, EXPD stressed risk management and rapid adjustments to rates and capacity availability. Performance varied sharply by product line, underscoring the importance of diversification within the portfolio. Airfreight services revenues rose to $1.03 billion, reflecting higher volumes and firmer yield dynamics earlier in the quarter. Customs brokerage and other services revenues increased to $1.15 billion, benefiting from higher entry volumes, tariff-driven complexity and pricing initiatives. By contrast, ocean freight and ocean services revenues declined to $598.9 million as industry conditions remained pressured. Ocean container volume decreased 4% year over year, and management cited lower pricing and softer volumes, particularly on exports from Asia, as profitability per container came under pressure despite favorable buy rates and cost control. EXPD’s operating income improved to $294.8 million, up 11% year over year, as revenue growth and product mix helped lift profitability. Operating margin expanded to about 10.6% compared with roughly 10% in the year-ago quarter, reflecting better operating leverage despite an uneven freight environment. On the co...

Expeditors International (EXPD) came out with quarterly earnings of $1.71 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.47 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +28.25%. A quarter ago, it was expected that this logistics services provider would post earnings of $1.46 per share when it actually produced earnings of $1.49, delivering a surprise of +2.05%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Expeditors International, which belongs to the Zacks Transportation - Services industry, posted revenues of $2.78 billion for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 8.02%. This compares to year-ago revenues of $2.67 billion. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Expeditors International shares have lost about 6.2% since the beginning of the year versus the S&P 500's gain of 5.2%. While Expeditors International has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Expeditors International was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in...

For the quarter ended March 2026, Expeditors International (EXPD) reported revenue of $2.78 billion, up 4.4% over the same period last year. EPS came in at $1.71, compared to $1.47 in the year-ago quarter. The reported revenue compares to the Zacks Consensus Estimate of $2.58 billion, representing a surprise of +8.02%. The company delivered an EPS surprise of +28.25%, with the consensus EPS estimate being $1.33. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Expeditors International performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- Airfreight services: $1.03 billion versus $925.41 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +14.3% change. Revenues- Ocean freight and ocean services: $598.88 million versus $585.66 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a -23.4% change. Revenues- Customs brokerage and other services: $1.15 billion compared to the $1.06 billion average estimate based on four analysts. The reported number represents a change of +17.3% year over year. Net revenues- Airfreight services: $261.38 million versus $242.79 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +3.2% change. Net revenues- Customs brokerage and other services: $527.57 million versus the three-analyst average estimate of $479.31 million. The reported number represents a year-over-year change of +23.1%. Net revenues- Ocean freight and ocean services: $182.86 million compared to the $159.79 million average estimate based on three analysts. The reported number represents a change of -12% year over year. View all Key Company Metrics for Expeditors International here>>> Shares of Expeditors International have returned -4% over the past month versus the Zacks S&P 500 composite's +9.5% change. The stoc...