WAB

A month has gone by since the last earnings report for Herc Holdings (HRI). Shares have added about 9.2% in that time frame, outperforming the S&P 500. But investors have to be wondering, will the recent positive trend continue leading up to its next earnings release, or is Herc Holdings due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Herc Holdings reported second-quarter 2026 adjusted earnings of $1.43 per share, beating the Zacks Consensus Estimate of 76 cents by 88.2%. However, earnings declined on a year-over-year basis. Revenues of $1.20 billion surpassed the consensus mark of $1.15 billion by 4.8% and increased 20.2% year over year. This year-over-year increase was owing to a 23% increase in equipment rental revenues resulting from the larger fleet size after the H&E acquisition, higher mega-project activity and revenue synergies. Dollar utilization improved 100 basis points to 39.3%.Adjusted EBITDA increased 18.8% year over year to $487 million. The adjusted EBITDA margin contracted 50 basis points to 40.4%, primarily due to higher fuel and transportation costs.Equipment rental revenues increased 23.2% year over year to $1.07 billion. The business benefited from the expanded fleet, stronger volume on mega projects and cross-selling opportunities created by the H&E transaction. Sales of rental equipment rose 3.8% year over year to $110 million as Herc continued adjusting fleet mix to customer demand. Service and other revenues increased 11.1% year over year to $10 million, while sales of new equipment, parts and supplies fell 29.4% year over year to $12 million.Average fleet size increased 20.4% year over year, primarily reflecting the H&E acquisition. The fleet totaled approximately $9.6 billion at original equipment cost at the end of June, while its average age remained 46 months. Dollar utilization, which measures rental revenue relative to average fleet cost, rose to 39.3% from 38.3%. Compared with the prior-year pro forma figure, utilization improved 220 basis points as fleet efficiency strengthened and the mix shifted toward higher-return equipment. Fleet expenditures at original equipment cost totaled $451 million during the reported quarter.Direct operating expenses increased 29.6% year over year to $491 million and represented 45.8% of equipment rental revenues (up from 43.6%). The increase reflected the acquired H&E operations, newer locations that require time to mature and higher transportation and fuel costs. Rental equipment depreciation rose 24.1% year over year to $242 million because of the larger fleet. Non-rental depreciation and amortization increased 66.7% year over year to $75 million, mainly due to acquired intangible assets and business expansion.Selling, general and administrative expenses increased 22% year over year to $155 million, but declined slightly as a percentage of equipment rental revenues to 14.5%. Interest expense climbed 46.5% year over year to $126 million, reflecting debt issued to finance the H&E acquisition.Herc Holdings exited the second quarter with cash and cash equivalents of $43 million, flat sequentially. Long-term debt was $7.88 billion compared with $7.95 billion at the prior-quarter end. First-half operating cash flow increased to $591 million from $412 million. Free cash flow nearly doubled to $202 million from $103 million despite higher investment in rental equipment.Herc Holdings increased its full-year equipment rental revenue guidance to $4.38-$4.48 billion from $4.28-$4.40 billion. The company now expects adjusted EBITDA of $2.05-$2.13 billion compared with its previous range of $2-$2.1 billion. Net rental equipment capital expenditures are projected to be between $850 million and $950 million, up from $500-$800 million. Gross capital expenditures are now expected to be between $1.25 billion and $1.4 billion (prior view: $800 million to $1.1 billion).Management expects incremental revenue synergies of $100-$120 million and incremental cost synergies of $90 million in 2026. The company targets fully realized annual cost synergies of $125 million by year-end. Full-year free cash flow is expected to range from $250 million to $350 million after strategic fleet investment. In the past month, investors have witnessed a upward trend in estimates revision. The consensus estimate has shifted 27.31% due to these changes. Currently, Herc Holdings has a average Growth Score of C, however its Momentum Score is doing a lot better with an A. Charting a somewhat similar path, the stock has a score of B on the value side, putting it in the second quintile for value investors. Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been trending upward for the stock, and the magnitude of this revision looks promising. Interestingly, Herc Holdings has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Herc Holdings is part of the Zacks Transportation - Equipment and Leasing industry. Over the past month, Westinghouse Air Brake Technologies (WAB), a stock from the same industry, has gained 3%. The company reported its results for the quarter ended June 2026 more than a month ago. Wabtec reported revenues of $3.18 billion in the last reported quarter, representing a year-over-year change of +17.5%. EPS of $2.76 for the same period compares with $2.27 a year ago. Wabtec is expected to post earnings of $2.69 per share for the current quarter, representing a year-over-year change of +16%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged. The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Wabtec. Also, the stock has a VGM Score of D. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Herc Holdings Inc. (HRI) : Free Stock Analysis Report Wabtec (WAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

It has been about a month since the last earnings report for Westinghouse Air Brake Technologies (WAB). Shares have lost about 1.9% in that time frame, underperforming the S&P 500. But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Wabtec due for a breakout? 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 catalysts. Quarterly adjusted earnings of $2.76 per share beat the Zacks Consensus Estimate of $2.63 by 4.9% and increased 21.6% year over year, owing to higher sales and operating margin expansion. Revenues climbed 17.5% to $3.18 billion and surpassed the consensus mark of $3.08 billion by 3.2%. Growth across Freight and Transit, supported by acquisitions and organic expansion, drove the top line. The 12-month backlog increased 11.3% to $9.14 billion. Freight segment revenues increased 16.9% year over year to $2.24 billion. Equipment sales rose 35% to $737 million on higher locomotive deliveries, while Digital Intelligence sales surged 88.5% to $360 million, aided by the acquisitions of Inspection Technologies and Frauscher Sensor Technologies.Services revenues declined 4.2% to $748 million because of lower modernization deliveries, as expected. Components revenues were nearly flat at $398 million. Freight-adjusted operating margin improved 80 basis points to 25.8%, reflecting better gross margins despite higher operating expenses as a percentage of sales. Transit segment revenues rose 18.9% to $936 million. The increase reflected the Dellner Couplers acquisition, higher original equipment and aftermarket sales and favorable foreign currency movements. On a constant-currency basis, segment sales advanced 17.7%.Original equipment revenues grew to $411 million from $353 million, while aftermarket revenues increased to $525 million from $434 million. Adjusted operating margin expanded 250 basis points to 17.7%, supported by improved gross profitability. Acquisitions contributed $232 million to second-quarter sales growth, including $163 million in Freight and $69 million in Transit. Organic growth added another $229 million, split between $158 million in Freight and $71 million in Transit.Favorable foreign exchange contributed $24 million, while portfolio optimization actions reduced revenues by $12 million. The mix shows that Wabtec’s growth was not solely acquisition-driven, as underlying demand also made a meaningful contribution. Adjusted gross margin increased 190 basis points to 36.7%, while adjusted operating margin improved 80 basis points to 21.9%. Robust sales growth and stronger gross margins supported profitability across the organization. Total backlog reached $30.93 billion as of June 30, 2026, up 41.7% from $21.83 billion a year earlier. Freight backlog increased to $25.33 billion, while Transit backlog rose to $5.60 billion.The 12-month backlog grew by $930 million year over year. Freight accounted for $6.64 billion of the near-term backlog, while Transit represented $2.50 billion. This order coverage provides visibility into production and service activity across both core businesses. Cash from operations increased to $441 million from $209 million in the prior-year quarter. Operating cash flow conversion improved to 82% from 46%, aided by higher net income and favorable working-capital movements.Wabtec ended the quarter with $670 million in cash, cash equivalents and restricted cash. Total available liquidity was $2.02 billion, including $1.36 billion available under existing credit facilities. Total debt stood at $6.57 billion, including $4.92 billion of long-term debt.During the reported quarter, Wabtec repurchased $215 million of shares and paid $53 million in dividends. Apart from the better-than-expected results, Wabtec has raised its full-year 2026 guidance. The company raised its 2026 adjusted earnings guidance to $10.60-$10.90 per share from the previous $10.25-$10.65 range. The midpoint increased by 30 cents and represents expected year-over-year growth of approximately 19.9%.  The company also raised its 2026 revenue guidance to a range of $12.30-$12.60 billion from the prior view of $12.19-$12.49 billion. The midpoint rose by $110 million and implies growth of approximately 11.5% from 2025. In the past month, investors have witnessed a downward trend in fresh estimates. Currently, Wabtec has a average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. Charting a somewhat similar path, the stock has a score of F on the value side, putting it in the fifth quintile for this investment strategy. Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in. Estimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Wabtec has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Wabtec (WAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

ZIM Integrated Shipping Services ZIM is set to report second-quarter 2026 results on Aug. 19, before the market opens. The Zacks Consensus Estimate for the to-be-reported quarter has narrowed to a loss of 10 cents per share over the past 60 days. The consensus mark indicates a decrease of more than 100% year over year. Currently, the Zacks Consensus Estimate for quarterly revenues is pegged at $1.63 billion, indicating a year-over-year decrease of 0.58%. For 2026, the Zacks Consensus Estimate for ZIM’s revenues is pegged at $7.05 billion, implying a rise of 2.1% year over year. The consensus mark for 2026 earnings per share (EPS) is pegged at $3.15, indicating a 2.27% increase on a year over year basis. In the trailing four quarters, this shipping company’s earnings surpassed the Zacks Consensus Estimate in one of the trailing four quarters and missed the mark in the remaining. The average miss was 77.74% ZIM Integrated Shipping Services Ltd. price-eps-surprise | ZIM Integrated Shipping Services Ltd. Quote Let’s see how things are likely to have shaped up for ZIM this earnings season. We expect ZIM’s bottom-line performance in the to-be-reported quarter to have been significantly impacted by persistent macroeconomic uncertainty, affecting customer demand and shipment volumes. Elevated voyage operating costs are expected to have weighed on the company’s performance, while higher fuel expenses and increased labor costs may have further pressured margins. On the revenue front, lower freight rates and a decline in carried volume are expected to have weighed on the to-be-reported quarter. However, continued fleet expansion initiatives are likely to have provided some support to overall performance. Our proven model does not predict an earnings beat for ZIM Integrated Shipping Services 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. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. ZIM has an Earnings ESP of 0.00% and a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here. ZIM reported first-quarter 2026 loss per share of 72 cents, which was wider than the Zacks Consensus Estimate loss of 22 cents. In the year-ago reported quarter, ZIM reported EPS of $2.45. Revenues of $1.39 billion missed the Zacks Consensus Estimate of $1.59 billion and declined 30.4% from the year-ago quarter. This was due to a decrease in freight rates and carried volume. Westinghouse Air Brake Technologies WAB, operating as Wabtec Corporation, reported encouraging second-quarter 2026 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate and increased year over year. Quarterly adjusted earnings of $2.76 per share beat the Zacks Consensus Estimate of $2.63 by 4.9% and increased 21.6% year over year, owing to higher sales and operating margin expansion. Revenues climbed 17.5% to $3.18 billion and surpassed the consensus mark of $3.08 billion by 3.2%. United Airlines Holdings, Inc. UAL reported second-quarter 2026 adjusted earnings of $1.99 per share, down 48.6% year over year but above the Zacks Consensus Estimate of $1.92 by 3.7%. Operating revenues rose 16% to $17.67 billion and were essentially in line with the $17.68 billion consensus mark. A 12.1% increase in total revenues per available seat mile or TRASM, and broad-based gains across premium, loyalty and cargo revenues, supported the top line despite sharply higher fuel costs. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ZIM Integrated Shipping Services Ltd. (ZIM) : Free Stock Analysis Report United Airlines Holdings Inc (UAL) : Free Stock Analysis Report Wabtec (WAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Hertz Global Holdings, Inc.HTZ reported better-than-expected second-quarter 2026 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. Quarterly adjusted loss was 11 cents per share, narrower than the Zacks Consensus Estimate of a loss of 23 cents. The result represented a positive surprise of 52.2% and improved from the adjusted loss of 29 cents per share reported in the year-ago quarter. Revenues of $2.40 billion beat the consensus estimate of $2.28 billion by 4.9% and increased 9.7% year over year. Growth was driven by strong pricing execution, with revenues per day up 9% and revenues per unit rose 8%, while the company operated with a 1% smaller fleet. Hertz Global Holdings, Inc. price-consensus-eps-surprise-chart | Hertz Global Holdings, Inc. Quote The impressive results had a positive impact on the market, as the company’s shares have risen 12.4% since the earnings release on Aug. 6. Image Source: Zacks Investment Research Adjusted corporate EBITDA was $81 million, up $63 million from the prior-year quarter. Adjusted corporate EBITDA margin improved to 3.4% from 0.8% a year earlier. The results included an estimated $30 million EBITDA headwind from elevated vehicle recalls. Direct vehicle and operating expenses increased 4.3% year over year to $1.45 billion. Net depreciation of revenue-earning vehicles and lease charges rose 17.3% to $487 million, while selling, general and administrative expenses increased 4.9% to $258 million. As a percentage of revenues, SG&A improved to 10.8% from 11.3%. HTZ exited the second quarter with total cash, cash equivalents and restricted cash and cash equivalents of $1.30 billion compared with $1.17 billion at the end of 2025. The company generated $381 million of net cash from operating activities and $162 million of adjusted free cash flow during the second quarter. Quarter-end liquidity was $984 million. For the third quarter of 2026, Hertz expects adjusted corporate EBITDA of $275 million to $325 million and positive earnings per share. Transaction days are projected to increase approximately 1% year over year, while net depreciation per unit is expected to range from $285-$295 per month. For full-year 2026, the company expects adjusted corporate EBITDA of $225 million to $275 million, net depreciation per unit of approximately $300 per month and transaction days growth of approximately 2%. Hertz expects to end 2026 with liquidity between $1.0 billion and $1.4 billion and anticipates positive free cash flow in the second half of the year. Currently, HTZ has a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Westinghouse Air Brake Technologies WAB, operating as Wabtec Corporation, reported encouraging second-quarter 2026 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate and increased year over year. Quarterly adjusted earnings of $2.76 per share beat the Zacks Consensus Estimate of $2.63 by 4.9% and increased 21.6% year over year, owing to higher sales and operating margin expansion. Revenues climbed 17.5% to $3.18 billion and surpassed the consensus mark of $3.08 billion by 3.2%. United Airlines Holdings, Inc. UAL reported second-quarter 2026 adjusted earnings of $1.99 per share, down 48.6% year over year but above the Zacks Consensus Estimate of $1.92 by 3.7%. Operating revenues rose 16% to $17.67 billion and were essentially in line with the $17.68 billion consensus mark. A 12.1% increase in total revenues per available seat mile or TRASM, and broad-based gains across premium, loyalty and cargo revenues, supported the top line despite sharply higher fuel costs. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Hertz Global Holdings, Inc. (HTZ) : Free Stock Analysis Report United Airlines Holdings Inc (UAL) : Free Stock Analysis Report Wabtec (WAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Westinghouse Air Brake Technologies stock has delivered very strong long term returns over the past five years, yet the valuation checks suggest it no longer looks like a clear bargain, with the intrinsic value estimate from a Discounted Cash Flow (DCF) model sitting close to the current share price while earnings based multiples lean expensive. Over the past five years, Westinghouse Air Brake Technologies has returned 237.1% which sets a high bar for any further upside to be justified by fundamentals. Expectations for continued cash generation from rail equipment and services can support the current valuation, although any slowdown in order flow or pressure on margins may weigh on what investors are prepared to pay. The company screens as expensive on the broader checks, with 0 of 6 valuation tests pointing to clear undervaluation. The issue now is whether Westinghouse Air Brake Technologies' share price already reflects a full view of its fundamentals or still leaves room for a reasonable margin of safety. Westinghouse Air Brake Technologies delivered 53.2% returns over the last year. See how this stacks up to the rest of the Machinery industry. The Discounted Cash Flow (DCF) approach looks at what Westinghouse Air Brake Technologies can generate in free cash over time and discounts that back to today. For the latest twelve months, the company produced around $1.75b in free cash flow, and the model assumes this pool of cash continues growing rather than shrinking. On that basis, the 2 Stage Free Cash Flow to Equity model arrives at an estimated intrinsic value of about $274 per share. Set against the current share price, this implies the stock trades roughly 6.5% above that intrinsic value estimate. That points to a situation where the strength of cash generation already appears well reflected in the price, instead of offering a clear margin of safety. Investors who prefer a discount between price and intrinsic value may see Westinghouse Air Brake Technologies as closer to fully priced on this cash flow view. Overall, the DCF work suggests Westinghouse Air Brake Technologies currently looks about fairly valued rather than obviously cheap or expensive. Westinghouse Air Brake Technologies is fairly valued according to our Discounted Cash Flow (DCF), but this can change at a moment's notice. Track the value in your watchlist or portfolio and be alerted on when to act. Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for Westinghouse Air Brake Technologies. The P/E ratio is a useful lens for Westinghouse Air Brake Technologies because earnings are a key focus for many investors in rail equipment and services. On this measure, the stock trades at about 38.9x earnings, which is higher than both the Machinery industry average of roughly 28.0x and the peer group average of about 26.6x. That already signals investors are paying a premium multiple for each dollar of earnings relative to many comparable companies. A more tailored benchmark that blends factors such as the company’s profile, margins and risk points to a fair P/E of about 33.8x. The current 38.9x sits clearly above that level, so the market is pricing Westinghouse Air Brake Technologies at a richer valuation than this framework would imply. For investors who prefer some margin between price and a reasonable earnings multiple, the stock screens as expensive on this metric. On the P/E yardstick, Westinghouse Air Brake Technologies looks overvalued compared with both its tailored fair multiple and sector peers. See what the numbers say about this price — find out in our valuation breakdown. Simply Wall St Narratives for Westinghouse Air Brake Technologies help you connect the valuation puzzle above with the specific assumptions about the company’s future growth, margins and earnings that would need to hold for the stock to be worth materially more or less than today’s price, and they sit on the Community page. Where a ratio or model gives you a single number, these narratives make clear the underlying future path that number relies on so you can watch how it plays out over time. If you have a number driven view on where Westinghouse Air Brake Technologies' growth, margins and execution go from here, add your voice to the Simply Wall St community and set out your narrative. This is a chance to put a clear valuation case on the stock and see how it holds up as new results arrive. Do you think there's more to the story for Westinghouse Air Brake Technologies? Head over to our Community to see what others are saying! For Westinghouse Air Brake Technologies, the Discounted Cash Flow (DCF) work points to an intrinsic value that sits close to the current share price, so the stock no longer screens as clearly discounted. The earnings multiple view is less forgiving and flags the shares as overvalued, while the broader valuation checks also look weak. The gap between these views largely reflects how much investors are willing to pay for growth and quality of earnings on top of the cash generation already in place. The key question from here is whether those expectations for growth and margins hold up strongly enough to support that premium. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include WAB. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email [email protected]

Joby Aviation, Inc. JOBY reported a second-quarter 2026 loss of 25 cents per share, wider than the Zacks Consensus Estimate of a loss of 23 cents. In the year-ago quarter, JOBY reported a loss of 41 cents. However, the results had a positive impact on the market, as the stock gained 5.5% since its earnings release on Aug. 5. Quarterly revenues were $38.6 million, surpassing the Zacks Consensus Estimate of $29 million. Revenues increased from $15,000 in the prior-year period, with Blade contributing $36.2 million in the reported quarter amid seasonal demand and strong passenger activity. Joby Aviation, Inc. price-consensus-eps-surprise-chart | Joby Aviation, Inc. Quote In the June-end quarter, total operating expenses increased 78.4% year over year to $299.52 million. Research and development expenses rose 42.7% to $194.66 million, while selling, general and administrative expenses climbed 143.2% to $76.56 million as Joby invested in certification, manufacturing and commercial readiness and supported Blade’s growth. Adjusted EBITDA in second-quarter 2026 was a loss of approximately $197 million compared with a loss of about $179 million in the first quarter. Management attributed the sequential change to the quarter's revenues and expense dynamics. JOBY exited the second quarter with cash and cash equivalents of $629.86 million and total cash, cash equivalents and short-term investments of $2.26 billion. As of June 30, 2026, long-term debt totaled $701.87 million. The company raised its full-year 2026 revenue outlook to $115-$125 million from $105-$115 million, citing Blade's continued strength. For the second half of 2026, Joby expects to use between $385 million and $415 million of cash, cash equivalents and short-term investments. On the operating front, Joby expects its first flights under the White House-backed eIPP program in Texas in September and aims to carry its first passengers in 2026. The company said five aircraft are flying and another 12 are in production, while it recorded its strongest quarterly progress yet in the fifth and final stage of FAA type certification. Currently, JOBY has a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Westinghouse Air Brake Technologies WAB, operating as Wabtec Corporation, reported encouraging second-quarter 2026 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate and increased year over year. Quarterly adjusted earnings of $2.76 per share beat the Zacks Consensus Estimate of $2.63 by 4.9% and increased 21.6% year over year, owing to higher sales and operating margin expansion. Revenues climbed 17.5% to $3.18 billion and surpassed the consensus mark of $3.08 billion by 3.2%. United Airlines Holdings, Inc. UAL reported second-quarter 2026 adjusted earnings of $1.99 per share, down 48.6% year over year but above the Zacks Consensus Estimate of $1.92 by 3.7%. Operating revenues rose 16% to $17.67 billion and were essentially in line with the $17.68 billion consensus mark. A 12.1% increase in total revenues per available seat mile or TRASM, and broad-based gains across premium, loyalty and cargo revenues, supported the top line despite sharply higher fuel costs. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Joby Aviation, Inc. (JOBY) : Free Stock Analysis Report United Airlines Holdings Inc (UAL) : Free Stock Analysis Report Wabtec (WAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Symbotic, Inc. SYM reported mixed third-quarter fiscal 2026 results. Earnings missed the Zacks Consensus Estimate, while revenues surpassed the same. Quarterly earnings were 9 cents per share, missing the Zacks Consensus Estimate of 12 cents by 25%. In the year-ago quarter, the company had reported a loss of 5 cents per share. Meanwhile, total revenues of $720.8 million beat the consensus mark of $715 million by 0.9% and increased 21.7% year over year. Symbotic Inc. price-consensus-eps-surprise-chart | Symbotic Inc. Quote Symbotic shares have declined 26.4% over the past year, underperforming the S&P 500 composite’s 22.6% increase. Systems revenues, accounting for 93.1% of total revenues, increased 20% year over year to $671 million. The company started 11 new system deployments in the fiscal third quarter, bringing the total number of systems under deployment to 77 at quarter-end. Software maintenance and support revenues increased 57% year over year to $12.8 million, aided by growth in operational systems under support contracts. Operations services revenues totaled $37.1 million, up 49% year over year, primarily due to an increase in operational systems receiving these services. Adjusted EBITDA more than doubled to $95.2 million from $45.4 million in the year-ago quarter. The adjusted EBITDA margin expanded about 550 basis points year over year to 13.2%. Adjusted gross profit was $179.9 million, up 41.4% year over year. The adjusted gross profit margin improved 350 basis points year over year to 25% on strong project execution, cost discipline, scale benefits and a favorable revenue mix. SYM reported a backlog of approximately $22.5 billion. The sequential decline primarily reflected revenues recognized during the third quarter, partly offset by pricing adjustments on newly started projects and the addition of a second Southern Glazer’s site. Symbotic exited the third quarter with cash and cash equivalents of $1.75 billion compared with $2 billion at the end of the preceding quarter. The company used $147.3 million of cash in operating activities during the third quarter and reported negative free cash flow of $164.6 million, mainly reflecting the timing of customer receipts and cash usage related to project activity. For the fourth quarter of fiscal 2026, the company expects revenues in the range of $760-$780 million. The midpoint of the guided range is $770 million. Adjusted EBITDA is expected to be between $100 million and $105 million. SYM currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Westinghouse Air Brake Technologies WAB, operating as Wabtec Corporation, reported encouraging second-quarter 2026 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate and increased year over year. Quarterly adjusted earnings of $2.76 per share beat the Zacks Consensus Estimate of $2.63 by 4.9% and increased 21.6% year over year, owing to higher sales and operating margin expansion. Revenues climbed 17.5% to $3.18 billion and surpassed the consensus mark of $3.08 billion by 3.2%. United Airlines Holdings, Inc. UAL reported second-quarter 2026 adjusted earnings of $1.99 per share, down 48.6% year over year but above the Zacks Consensus Estimate of $1.92 by 3.7%. Operating revenues rose 16% to $17.67 billion and were essentially in line with the $17.68 billion consensus mark. A 12.1% increase in total revenues per available seat mile or TRASM, and broad-based gains across premium, loyalty and cargo revenues, supported the top line despite sharply higher fuel costs. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Symbotic Inc. (SYM) : Free Stock Analysis Report United Airlines Holdings Inc (UAL) : Free Stock Analysis Report Wabtec (WAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Allegiant Travel Company ALGT reported second-quarter 2026 adjusted earnings of $2.19 per share, up 78% year over year and 72.4% above the Zacks Consensus Estimate of $1.27. Strong standalone Allegiant results and roughly seven weeks of Sun Country contributions supported the earnings beat. Quarterly revenues rose 36.9% to $943.5 million but missed the consensus mark of $1.03 billion by 8.4%. Standalone Allegiant set a quarterly record for total revenue per available seat mile or TRASM, which climbed 24.6% year over year to 14.42 cents. Allegiant Travel Company price-consensus-eps-surprise-chart | Allegiant Travel Company Quote Passenger revenues increased 33.1% year over year to $822.5 million and represented the largest part of the top line. Third-party products revenues rose 36% to $45.8 million, while fixed-fee contract revenues surged 168.7% to $45.7 million. Cargo revenues were $27.6 million, reflecting Sun Country's contribution following the May 13 acquisition closing. Sun Country generated $167.3 million of consolidated revenues during the post-closing period, while standalone Allegiant revenues advanced 16.1% to a record $776.2 million. Standalone Allegiant delivered its record revenues despite a 6.8% reduction in capacity. Management attributed the performance to strong leisure demand, peak-period scheduling and progress across commercial initiatives. Cobrand credit card remuneration increased 23.6% to $41.2 million. The company also began distributing flights through Expedia, giving Allegiant access to new customers while retaining its direct sales channels. Management said the partnership accounted for roughly 3% of bookings shortly after its July launch. Total operating expenses increased 21.9% to $922.4 million. Aircraft fuel expenses climbed 85.6% to $307.7 million, with the consolidated average fuel cost per gallon rising 71.1% to $4.14. Adjusted operating income totaled $87.1 million, producing an adjusted operating margin of 9.2%. Standalone Allegiant's adjusted margin improved 40 basis points to 9%, even as its fuel price per gallon increased 73%. Adjusted operating cost per available seat mile, excluding fuel, special charges and cargo expenses, was 8.19 cents. Allegiant ended June with $1.3 billion of available liquidity, including $1.1 billion of cash and investments and $250 million of undrawn revolving credit facilities. Consolidated cash from operations totaled $46 million during the second quarter. Total debt was $2.8 billion, including $546.8 million attributable to Sun Country, while net debt stood at $1.7 billion. The company issued $650 million of 7.125% senior secured notes due 2031 and used part of the proceeds to repurchase $377.5 million of notes due in 2027. For the third quarter of 2026, management expects system capacity to decline roughly 6.5% year over year, with scheduled-service capacity down about 5.5%. The adjusted operating margin is projected to be between 1% and 3%, while adjusted results are expected to range from a loss of $1 per share to breakeven. Fuel cost per gallon is projected to be $3.80 for the third quarter. Management expects combined-company unit revenue growth to be roughly consistent with standalone Allegiant's second-quarter increase, supported by healthy leisure demand and reduced off-peak flying. For 2026, Allegiant expects adjusted earnings of more than $6 per share and fuel costs of $3.70 per gallon. The company remains confident in achieving at least $140 million of annual run-rate synergies within three years of the Sun Country acquisition closing. Currently, Allegiant carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Westinghouse Air Brake Technologies WAB, operating as Wabtec Corporation, reported encouraging second-quarter 2026 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate and increased year over year. Quarterly adjusted earnings of $2.76 per share beat the Zacks Consensus Estimate of $2.63 by 4.9% and increased 21.6% year over year, owing to higher sales and operating margin expansion. Revenues climbed 17.5% to $3.18 billion and surpassed the consensus mark of $3.08 billion by 3.2%. United Airlines Holdings, Inc. UAL reported second-quarter 2026 adjusted earnings of $1.99 per share, down 48.6% year over year but above the Zacks Consensus Estimate of $1.92 by 3.7%. Operating revenues rose 16% to $17.67 billion and were essentially in line with the $17.68 billion consensus mark. A 12.1% increase in total revenues per available seat mile or TRASM, and broad-based gains across premium, loyalty and cargo revenues, supported the top line despite sharply higher fuel costs. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Allegiant Travel Company (ALGT) : Free Stock Analysis Report United Airlines Holdings Inc (UAL) : Free Stock Analysis Report Wabtec (WAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Expeditors International of Washington EXPD reported second-quarter 2026 earnings of $2.03 per share, up 51.5% year over year and 20.8% above the Zacks Consensus Estimate of $1.68. Revenues increased 32.1% to $3.50 billion, surpassing the consensus mark of $2.90 billion by 20.7%. Results benefited from broad-based growth across most products, led by airfreight and customs-related services. Airfreight tonnage advanced 14% year over year, while ocean container volume was flat. Airfreight services revenues surged 57.1% year over year to $1.49 billion. The increase reflected higher volumes and elevated buy and sell rates as demand for air capacity exceeded available space, particularly late in the quarter. Tonnage increased 16% sequentially, supported by Asia-U.S. and Asia-Europe trade lanes. Management also cited sustained demand from artificial intelligence hyperscalers, including customers requiring upper-deck freighter capacity for servers. Expeditors International of Washington, Inc. price-consensus-eps-surprise-chart | Expeditors International of Washington, Inc. Quote Ocean freight and ocean services revenues rose 5.2% to $710.9 million. Although quarterly container volume was unchanged from the prior-year period, volumes improved 7% from the first quarter of 2026. Management noted that carriers carefully managed capacity amid market disruptions, supporting higher rates late in the quarter. Stronger demand and improved pricing also increased profitability per container, signaling some stabilization after an extended ocean-market downturn. Customs brokerage and other services revenues climbed 26.6% to $1.30 billion. Customs, Transcon, Distribution and Order Management each delivered double-digit revenue growth for the second consecutive quarter. Demand from AI hyperscalers and other high-value technology customers supported the increase. Tariff-related complexity, new customer wins and higher declarations from existing customers also lifted customs activity. A temporary surge in filings tied to the International Emergency Economic Powers Act contributed to higher pricing. Operating income increased 41.1% year over year to $349.6 million. The operating margin improved to approximately 10% from 9.3% in the year-ago quarter, reflecting strong revenue growth and productivity gains. Salaries and other operating expenses increased 13.1% to $735.9 million. The quarter included a $25 million pretax restructuring charge related to the Global Technology team, partly offset by a $16 million gain from the sale of an underutilized property. The Global Technology restructuring is expected to reduce the company’s annual cost structure by approximately $50 million. Management said the savings equal nearly 10% of total corporate overhead expenses and should begin to benefit results after the restructuring actions are completed. Expeditors plans to continue investing in artificial intelligence, technology talent and modernization initiatives. Operating efficiency reached 32.2% during the quarter despite the restructuring charge, while headcount remained essentially flat sequentially before the planned workforce reductions. Operating income increased across most geographic regions. U.S. operating income rose 35.5% to $169.5 million, while South Asia operating income nearly doubled to $49.3 million. Europe operating income climbed 34.9% to $33.8 million. The Middle East, Africa and India region generated operating income of $20.6 million, up sharply from $7.3 million a year earlier, despite geopolitical disruptions affecting freight capacity and routing. Net cash from operating activities totaled $178.6 million, nearly matching the $179.2 million generated in the prior-year quarter. Accounts receivable increased significantly as business activity and revenues expanded. The company repurchased 2.3 million shares during the quarter at an average price of $151.50, spending $354.9 million. Including dividends, Expeditors returned $461 million to its shareholders in the quarter and $748 million during the first half of 2026. Expeditors, currently carrying a Zacks Rank #2 (Buy), ended June with $1.03 billion in cash and cash equivalents, down from $1.31 billion at year-end 2025. Total assets reached $5.13 billion, while total shareholders’ equity stood at $2.12 billion. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Westinghouse Air Brake Technologies WAB, operating as Wabtec Corporation, reported encouraging second-quarter 2026 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate and increased year over year. Quarterly adjusted EPS of $2.76 beat the Zacks Consensus Estimate of $2.63 by 4.9% and increased 21.6% year over year, owing to higher sales and operating margin expansion. Revenues climbed 17.5% to $3.18 billion and surpassed the consensus mark of $3.08 billion by 3.2%. United Airlines Holdings, Inc. UAL reported second-quarter 2026 adjusted EPS of $1.99, down 48.6% year over year but above the Zacks Consensus Estimate of $1.92 by 3.7%. Operating revenues rose 16% to $17.67 billion and were essentially in line with the consensus mark of $17.68 billion. A 12.1% increase in total revenues per available seat mile or TRASM, and broad-based gains across premium, loyalty and cargo revenues, supported the top line despite sharply higher fuel costs. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Expeditors International of Washington, Inc. (EXPD) : Free Stock Analysis Report United Airlines Holdings Inc (UAL) : Free Stock Analysis Report Wabtec (WAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

Canadian Pacific Kansas City Limited CP reported better-than-expected second-quarter 2026 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate. However, the company’s stock has declined 2.6% since its earnings release on July 29, 2026. Quarterly earnings of 92 cents per share beat the Zacks Consensus Estimate of 89 cents by 3.4%. The bottom line increased 13% year over year on a core adjusted basis. Operating revenues of $3.01 billion surpassed the consensus estimate of $2.91 billion by 3.3%. In Canadian dollars, revenues increased 13% year over year to C$4.16 billion. Canadian Pacific Kansas City Limited price-consensus-eps-surprise-chart | Canadian Pacific Kansas City Limited Quote In the reported quarter, total freight revenues per revenue ton-mile increased 9% year over year. Total freight revenues per carload rose 12%, reflecting favorable pricing and business mix. On a reported basis, operating income increased 10% year over year to C$1.47 billion. However, total operating expenses rose 14% to C$2.69 billion, mainly due to a 53% increase in fuel expenses. The reported operating ratio deteriorated 90 basis points to 64.6%, while the core adjusted operating ratio worsened by the same magnitude to 61.6%. Volumes, measured in revenue ton-miles, increased 4% year over year to 57.58 billion. Average train speed improved 7%, while average terminal dwell declined 16%, indicating stronger network efficiency. Freight revenues, which accounted for 98% of the top line, increased 13% year over year to C$4.09 billion. CP’s freight business comprises Grain (up 24%), Coal (down 18%), Potash (up 10%), Fertilizers and Sulphur (up 12%), Forest Products (up 2%), Energy, Chemicals and Plastics (up 9%), Metals, Minerals and Consumer Products (up 18%), Automotive (up 22%) and Intermodal (up 11%). Grain benefited from a record Canadian harvest and strong U.S. export demand. Automotive revenues gained from new business wins, while domestic intermodal benefited from the company’s SMX service and improving truck-to-rail conversion opportunities. Coal remained the primary weak spot due to lower mine production and shipment volumes. Non-freight revenues increased 8.6% year over year to C$76 million in the second quarter. Canadian Pacific exited the second quarter with cash and cash equivalents of C$366 million compared with C$409 million at the prior-quarter end. Long-term debt amounted to C$22.25 billion compared with C$21.88 billion at the prior-quarter end. Net cash provided by operating activities increased 27.4% year over year to C$1.73 billion during the second quarter. Capital expenditures totaled C$758 million compared with C$743 million in the year-ago period. During the first six months of 2026, the company returned C$2.37 billion to shareholders through share repurchases and dividends, up 11% year over year. Canadian Pacific continues to expect 2026 core adjusted earnings per share (EPS) to grow in the low double digits from the 2025 level of C$4.61. The company expects 2026 revenue ton-miles to increase in the mid-single digits from the 2025 actual. Management continues to anticipate capital expenditures of approximately C$2.65 billion for 2026, representing a roughly 15% decline from 2025. The core adjusted effective tax rate is expected to be approximately 24.75%. CPKC expects improving freight fundamentals, commercial wins, integration benefits and disciplined cost control to support accelerated volume and earnings growth in the second half of 2026. Currently, Canadian Pacific has a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Westinghouse Air Brake Technologies WAB, operating as Wabtec Corporation, reported encouraging second-quarter 2026 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate and increased year over year. Quarterly adjusted EPS of $2.76 beat the Zacks Consensus Estimate of $2.63 by 4.9% and increased 21.6% year over year, owing to higher sales and operating margin expansion. Revenues climbed 17.5% to $3.18 billion and surpassed the consensus mark of $3.08 billion by 3.2%. United Airlines Holdings, Inc. UAL reported second-quarter 2026 adjusted EPS of $1.99, down 48.6% year over year but above the Zacks Consensus Estimate of $1.92 by 3.7%. Operating revenues rose 16% to $17.67 billion and were essentially in line with the $17.68 billion consensus mark. A 12.1% increase in total revenues per available seat mile or TRASM, and broad-based gains across premium, loyalty and cargo revenues, supported the top line despite sharply higher fuel costs. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Canadian Pacific Kansas City Limited (CP) : Free Stock Analysis Report United Airlines Holdings Inc (UAL) : Free Stock Analysis Report Wabtec (WAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

ArcBest Corporation ARCB reported impressive second-quarter 2026 results, with adjusted earnings surpassing expectations and revenues increasing substantially year over year. Quarterly adjusted earnings of $2.38 per share beat the consensus estimate of $2.30 by 3.5%. The reported figure increased 75% from $1.36 in the year-ago quarter. Revenues of $1.18 billion missed the consensus mark of $1.19 billion by 0.8%. Nevertheless, the top line increased 15.9% year over year. ArcBest Corporation price-consensus-eps-surprise-chart | ArcBest Corporation Quote On a GAAP basis, ArcBest incurred a loss of 62 cents per share compared with earnings of $1.12 a year ago. The loss primarily reflected impairment and restructuring charges associated with the company’s recently announced restructuring plan. Asset-Based revenues increased 9.9% year over year to $783.7 million. Tonnage per day improved 4.9%, driven by an 8% increase in weight per shipment, despite a 2.8% decline in shipments per day. Billed revenue per shipment increased 12.5%, while billed revenue per hundredweight rose 4.2%. Excluding fuel surcharges, revenue per hundredweight was flat. Customer contract renewals and deferred pricing agreements averaged a 5.8% increase during the second quarter. Asset-Based operating income advanced 45.5% to $74.3 million. The operating ratio improved 230 basis points to 90.5%. On an adjusted basis, operating income totaled $72.3 million and the operating ratio improved to 90.8% from 92.8% in the prior-year quarter. Sequentially, Asset-Based daily revenues increased 17.8%, while the adjusted operating ratio improved 650 basis points. Pricing initiatives, higher fuel-surcharge revenues, cost optimization, network efficiency and technology-driven productivity supported the improvement. Asset-Light revenues surged 28.3% year over year to $438.7 million. Shipments per day increased 14.6%, while revenue per shipment rose 12%. Higher managed volumes, fuel prices and a tightening capacity environment aided the segment’s top line. Purchased transportation expense represented 86.5% of revenues compared with 84.4% a year ago. The segment incurred a GAAP operating loss of $31.3 million, largely because of impairment and restructuring charges. Adjusted operating income improved to $6.3 million from $1.1 million, while adjusted EBITDA rose to $7 million from $2.5 million. ArcBest generated $138.3 million of operating cash flow during the first six months of 2026, up from $85 million in the year-ago period. The company spent $22.4 million on property, plant and equipment, net of financing. ARCB returned $13.5 million to shareholders through $8.2 million of share repurchases and $5.4 million of dividends during the first half of 2026. It exited the quarter with cash and short-term investments of $168.4 million. Management expects 2026 net capital expenditures between $140 million and $160 million. Preliminary July results were encouraging, with Asset-Based revenues per day rising 7% and Asset-Light revenues per day increasing 28% year over year. Currently, ARCB sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. Westinghouse Air Brake Technologies WAB, operating as Wabtec Corporation, reported encouraging second-quarter 2026 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate and increased year over year. Quarterly adjusted earnings of $2.76 per share beat the Zacks Consensus Estimate of $2.63 by 4.9% and increased 21.6% year over year, owing to higher sales and operating margin expansion. Revenues climbed 17.5% to $3.18 billion and surpassed the consensus mark of $3.08 billion by 3.2%. United Airlines Holdings, Inc. UAL reported second-quarter 2026 adjusted earnings of $1.99 per share, down 48.6% year over year but above the Zacks Consensus Estimate of $1.92 by 3.7%. Operating revenues rose 16% to $17.67 billion and were essentially in line with the $17.68 billion consensus mark. A 12.1% increase in total revenues per available seat mile or TRASM, and broad-based gains across premium, loyalty and cargo revenues, supported the top line despite sharply higher fuel costs. J.B. Hunt Transport Services, Inc. JBHT reported second-quarter 2026 earnings of $1.91 per share, up 45.8% from $1.31 a year ago. The figure beat the Zacks Consensus Estimate of $1.71 by 11.7%. Operating revenues climbed 19.4% year over year to $3.50 billion and surpassed the consensus mark of $3.19 billion by 9.5%. Higher volumes and pricing across several businesses supported growth, led by a 10% increase in Intermodal loads. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ArcBest Corporation (ARCB) : Free Stock Analysis Report United Airlines Holdings Inc (UAL) : Free Stock Analysis Report J.B. Hunt Transport Services, Inc. (JBHT) : Free Stock Analysis Report Wabtec (WAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research

SkyWest, Inc SKYW reported a narrower-than-expected result in the second-quarter of 2026, wherein both earnings and revenues missed the Zacks Consensus Estimate. However, the result had a positive impact on the market. The stock has gained 7.7% since its earnings release on July 23. Image Source: Zacks Investment Research Quarterly earnings per share (EPS) of $2.54 missed the consensus mark of $2.70 and declined 12.7% year over year. Revenues of $1.103 billion missed the Zacks Consensus Estimate of $1.106 billion and improved 6.5% year over year. Revenues from flying agreements (contributing 96.5% to the top line) rose 7.8% year over year to $1.06 billion. The airline carried 1.3% fewer passengers in the reported quarter on a year-over-year basis. Departures increased 2.3% on a year-over-year basis. The passenger load factor (percentage of seats filled by passengers) fell 2.2 points to 80.6%. SkyWest, Inc. price-consensus-eps-surprise-chart | SkyWest, Inc. Quote Concurrent with its second-quarter 2026 results, SkyWest intends to purchase and operate 11 new E175 aircraft under a multiyear flying contract for American Airlines AAL. The 11 new E175 aircraft are expected to replace 11 CRJ700s. SkyWest is currently flying under contract with American. During the first half of 2026, the company took delivery of two E175 aircraft, one each for Alaska Airlines (ALK) and United Airlines (UAL). By the end of 2027, SKYW anticipates having 300 E175 aircraft in its fleet. As previously announced, SkyWest entered into a purchase agreement with Embraer, which secures delivery positions for 33 additional E175s from 2028 through 2032 for potential future flying opportunities. The company’s purchase agreement with Embraer also includes purchase rights for 50 additional E175s, as previously announced. Operating expenses were $947 million, up 9% year over year, owing to an expected rise in incremental direct operating costs associated with increased production in the reported quarter and higher pilot training costs. At the end of the second quarter, the company had cash and marketable securities of $6 million compared with $707 million at the December-quarter end of 2025. Long-term debt (net of current maturities) was $1.64 billion compared with $1.85 billion reported at the end of the fourth quarter of 2025. Capital expenditures during the reported quarter were $139 million, including the purchase of one new E175 aircraft, spare engines and other fixed assets. SkyWest repurchased 783,000 shares for $75 million during the first quarter of 2026. As of March 31, 2026, SkyWest had $138 million available under its current share repurchase program. SkyWest repurchased 833,000 shares of its common stock for approximately $75 million during the second quarter of 2026 at an average price of $89.55 per share. During the first half of 2026, SkyWest repurchased 1.6 million shares of its common stock for $150 million. As of June 30, 2026, SkyWest had approximately $63 million of remaining availability under its existing stock repurchase program. As announced today, SkyWest’s board of directors approved a $250 million increase to the existing stock repurchase program. Currently, SKYW carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Westinghouse Air Brake Technologies WAB, operating as Wabtec Corporation, reported encouraging second-quarter 2026 results, wherein both earnings and revenues surpassed the Zacks Consensus Estimate and increased year over year. Quarterly adjusted earnings of $2.76 per share beat the Zacks Consensus Estimate of $2.63 by 4.9% and increased 21.6% year over year, owing to higher sales and operating margin expansion. Revenues climbed 17.5% to $3.18 billion and surpassed the consensus mark of $3.08 billion by 3.2%. United Airlines Holdings, Inc. UAL reported second-quarter 2026 adjusted earnings of $1.99 per share, down 48.6% year over year but above the Zacks Consensus Estimate of $1.92 by 3.7%. Operating revenues rose 16% to $17.67 billion and were essentially in line with the $17.68 billion consensus mark. A 12.1% increase in total revenues per available seat mile or TRASM, and broad-based gains across premium, loyalty and cargo revenues, supported the top line despite sharply higher fuel costs. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report SkyWest, Inc. (SKYW) : Free Stock Analysis Report United Airlines Holdings Inc (UAL) : Free Stock Analysis Report American Airlines Group Inc. (AAL) : Free Stock Analysis Report Wabtec (WAB) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research