Financial Results, New Contracts, Partnerships, and Earnings Schedules - Research Report on Canadian Pacific, CSX, Kansas City Southern, Trinity, and Wabtec
NEW YORK, October 28, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Analysts' Corner announced new research reports highlighting Canadian Pacific Railway Limited (NYSE: CP), CSX Corp. (NYSE: CSX), Kansas City Southern (NYSE: KSU), Trinity Industries Inc. (NYSE: TRN), and Westinghouse Air Brake Technologies Corporation (NYSE: WAB). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Canadian Pacific Railway Limited Research Report
On October 23, 2013, Canadian Pacific Railway Limited (Canadian Pacific) announced its Q3 2013 financial results. The Company reported total revenues of $1.5 billion, up 5.7% YoY. Reported net income stood at $324.0 million, up 44.6% YoY, and diluted EPS came in at $1.84, up 41.5% YoY. Commenting on the results, E. Hunter Harrison, CEO, stated, "By all standards, this was an outstanding quarter. The company's focus on service execution while controlling costs is a testament to our team of dedicated, hardworking railroaders. What we have proven this quarter is the ability to drive earnings growth and lower our operating ratio, even in a softer volume environment. That's the power of the CP plan." The Full Research Report on Canadian Pacific Railway Limited - 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/0bc9_CP]
--
CSX Corp. Research Report
On October 22, 2013, Bloomberg reported that CSX Corp. (CSX) has partnered with Tribus Point LLC for launch of CSX's Enterprise Wide Claims Management Solution. It was reported that the milestone IT transformation, which was achieved through the collaboration between CSX Technology (a subsidiary of CSX), Tribus Point, LLC and Oracle's Channel Revenue Management Application, is helping CSX achieve measureable and sustainable improvements in their Freight Claims Management Process, Customer Satisfaction, and Traceability. Carly Farr, CSX Director Process Improvement, stated, "This deployment will decommission a legacy mainframe system. The system will be used by multiple departments for railroad claims research, damage prevention activities, and increased visibility throughout the entire CSX organization. The Channel Revenue Management solution has increased our efforts in the pursuit of customer and employee excellence." The Full Research Report on CSX Corp. - 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/cc8a_CSX]
--
Kansas City Southern Research Report
On October 18, 2013, Bloomberg reported that Kansas City Southern released its Q3 2013 financial results. As per the Bloomberg report, the Company reported total revenues of $621.6 million, an increase of 7.7% YoY. Operating income grew 10.9% YoY to $200.3 million. Diluted EPS for the quarter was $1.07 compared to $0.82 in Q3 2012. Adjusted diluted EPS stood at $1.10, up 15.8% YoY. Commenting on the results, David L. Starling, President and CEO, stated, "Kansas City Southern achieved record revenues and carloads as a result of solid, sustainable growth opportunities and strong execution by our team. This performance demonstrates KCS' ability to absorb the impacts of a challenging economic environment while consistently delivering strong top-line and bottom-line results." The Full Research Report on Kansas City Southern - 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/4551_KSU]
--
Trinity Industries Inc. Research Report
On October 18, 2013, Trinity Industries, Inc. (Trinity Industries) announced that it will report its financial results for Q3 2013 and 9M 2013 after the market closes on October 30, 2013. The Company informed that it will host a conference call on the following day, October 31, 2013 at 11:00 a.m. ET to discuss its results. Trinity Industries added that the call can be accessed through the Investor Relations section of the Company's website. The Full Research Report on Trinity Industries 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/39ee_TRN]
--
Westinghouse Air Brake Technologies Corporation Research Report
On October 8, 2013, Bloomberg reported that Westinghouse Air Brake Technologies Corporation (Wabtec)'s MotivePower subsidiary has signed a $63.0 million valued contract with Canada's Metrolinx to build 10 new, low-emission locomotives. It was reported that the locomotives will be designed and manufactured by MotivePower at its Boise, Idaho facility and are expected to be delivered in early 2016. Albert J. Neupaver, Wabtec's Chairman and CEO, said, "As new environmental standards are phased in over the next several years, MotivePower is well positioned to participate in this market by offering environmental and operational performance upgrades for new and existing diesel-electric commuter locomotives throughout North America." The Full Research Report on Westinghouse Air Brake Technologies 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/897f_WAB]
----
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at [email protected].
- For any urgent concerns or inquiries, please contact us at [email protected].
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to [email protected] for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Analysts' Corner
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article