Consistent Growth, New Management Positions, and Additional Share Repurchase Programs - Research Report on UPS, C.H. Robinson, Cintas, RPX, and XPO Logistics
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NEW YORK, August 5, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting United Parcel Service, Inc. (NYSE: UPS), C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW), Cintas Corporation (NASDAQ: CTAS), RPX Corporation (NASDAQ: RPXC), and XPO Logistics, Inc. (NYSE: XPO). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
United Parcel Service, Inc. Research Report
On July 23, 2013, United Parcel Service, Inc. (UPS) reported Q2 2013 financial results. During the quarter, the Company's total revenue increased 1.2% YoY to $13.5 billion, primarily due to a 5% improvement in daily International package volume and 1.9% growth in the US package volume. Operating margin stood at 12.9% in Q2 2013, compared to 13.4% in Q2 2012, while diluted EPS for the quarter was $1.13, down 1.7% YoY. In Q2 2013, UPS delivered 15.7 million packages per day, up 1.9% YoY. "Market conditions and shipper preferences clearly impacted our freight forwarding and International business," said Scott Davis, Chairman and CEO of UPS. "UPS is adapting to these conditions to ensure we deliver a solid second half." The Full Research Report on United Parcel Service, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/500b_UPS]
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C.H. Robinson Worldwide, Inc. Research Report
On July 22, 2013, C.H. Robinson Worldwide, Inc. (C.H. Robinson) announced the promotion of Gary York to the position of Director of Sourcing in Europe, considering the European demand for a global supply of fresh fruits and vegetables. In his new role, York will be responsible for establishing the overall team and resources that will facilitate further development and expansion of Sourcing in Europe. He will also be accountable to look into other regions of the world for further development of alternative supply programs. Jim Lemke, Senior Vice President at C.H. Robinson, said, "Gary's long-term track record of success and overall knowledge of the global produce supply chain will deliver value to our customers and suppliers, while at the same time, allow us to develop new business and expand our European Sourcing team." The Full Research Report on C.H. Robinson Worldwide, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0bef_CHRW]
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Cintas Corporation Research Report
On July 30, 2013, Cintas Corporation (Cintas) announced that it has received an approval from its Board of Directors for an additional share repurchase program that allows the Company to repurchase up to $500 million of Cintas common stock at market prices. As of July 30, 2013, Cintas has $151.1 million available under its existing share buyback program that was authorized in October 2011. Following the recent authorization of the additional $500 million program, the Company has repurchased 8.6 million shares at an average price of $40.43 for a total of $348.9 million. Collectively, Cintas has $651.1 million available under the programs as of July 30, 2013. The Full Research Report on Cintas Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/11d7_CTAS]
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RPX Corporation Research Report
On July 30, 2013, RPX Corporation (RPX) reported financial results for Q2 2013. The Company generated total revenues of $57.5 million in Q2 2013, up 4.1% YoY, driven by subscription revenue growth of 20.0% YoY to $55.0 million. GAAP net income for Q2 2013 was $10.7 million, or $0.20 per diluted share, compared with $13.2 million, or $0.25 per diluted share, in Q2 2012. For Q3 2013, RPX expects subscription revenue to range between $57.2 million and $57.7 million, aiding total revenues to grow to an estimated range of $57.7 million to $58.2 million. The Full Research Report on RPX Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/0023_RPXC]
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XPO Logistics, Inc. Research Report
On July 30, 2013, XPO Logistics, Inc. (XPO Logistics) reported Q2 2013 financial results. Total revenue of the Company for Q2 2013 was $137.1 million, up 151.4% YoY. Gross margin (in absolute terms) was up 128.4% YoY to $19.3 million and gross margin percentage was 14.1%. Further, the Company reported a net loss of $17.4 million, compared with a net loss of $5.2 million in Q2 2012. For full-year 2013, XPO Logistics reaffirmed its outlook for annual revenue run rate of more than $1 billion as of December 31, 2013 and a positive EBITDA for Q4 2013. The Full Research Report on XPO Logistics, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.analystscorner.com/r/full_research_report/f42d_XPO]
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