TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| DryShips Q3: Beats Estimates Zacks.com submits: DryShips, Inc.’s (DRYS) third-quarter earnings of 27 cents per share were 6 cents ahead of the Zacks Consensus Estimate. This excludes a loss of $39.3 million or 15 cents per share associated with the valuation of the company’s interest rate swaps. However, earnings were down substantially from $3.53 per share in the prior-year quarter. GAAP net income for the quarter came in at $35.6 million or 12 cents per share, compared to $180.0 million, or $4.13 per share in the prior-year quarter.Complete Story » seekingalpha.com |
Kansas City Southern Q4 2009 Earnings Call Transcript Kansas City Southern (KSU)Q4 2009 Earnings CallJanuary 28, 2010 12:30 pm ETComplete Story » seekingalpha.com |
AerCap and Genesis Finalize Merger; Create Earnings Powerhouse Stone Fox Capital submits:Finally, the merger between AerCap Holdings (AER) and Genesis Lease (GLS) will be finalized today, creating the largest independent airplane leasing company. It also creates an earnings powerhouse. For 2010, they expect to earn well over $2/share with the stock trading below $11 now. A P/E of 5 is absurd now that global growth has returned and most of their customers should see growth even in the US market. Not to mention that 5 years earnings growth is placed at 12.5%, meaning a fair valuation would be around $25. The finalization of this merger should hopefully bring much more focus to how cheap the combined entity remains. Both stocks have rallied big time since the March 2009 lows, but they still remain insanely cheap on a historical basis. The risks of airlines going bankrupt is greatly reduced now that the financial crisis is largely over. Also, the inability of Boeing (BA) to produce its new plane has helped reduce the competition for their existing planes. It will now be years before those new planes reach a critical mass.Complete Story » seekingalpha.com |
Airline Industry: Growth Returning Robert Herbst submits:Is “growth” really returning to the airline industry? Based on almost daily press releases, airlines appear to be adding new destinations every week. Analysis by AirlineFinancials.com shows most airlines are not adding any significant growth, but simply moving the chairs around the deck, as opposed to adding new ones. In other words, most airlines are – transferring - aircraft and resources from one route to another opposed to – adding – capacity. Complete Story » seekingalpha.com |
Frontline CEO Discusses Q2 2010 Results - Earnings Call Transcript Frontline Ltd. (FRO)Q2 2010 Earnings Call TranscriptAugust 27, 2010 9:00 am ETComplete Story » seekingalpha.com |