Kansas City Southern reported a YoY (year-over-year) 4.4% rise in railcars in the week ended July 15, 2017.
BNSF Railway’s total railcars contracted by 4.1% in the 28th week of 2017 (ended July 15). The company hauled ~4,000 fewer railcars YoY at ~95,000.
In the 28th week of 2017 (ended July 15, 2017), Union Pacific’s railcar volume rose 2.4%, compared with the same week last year.
NSC recorded a slight decline in railcars in the 28th week of 2017 (ended July 15). The company moved 66,000 railcars that same week.
CSX’s (CSX) overall railcar traffic rose 3.1% in the 28th week of 2017 (ended July 15).
For the US, overall freight volumes including intermodal rose 3.8% to 540,000 units last week, up from 520,000 units in the week ended July 16, 2016.
Diamond Offshore Drilling (DO) plans to release its 2Q17 results before the market opens on July 31, 2017. The company plans to hold its conference call on the same day.
Of the 18 analysts tracking Southwest Airlines (LUV), six (33.3%) have rated the stock a “strong buy,” and another six (33.3%) have recommended a “buy.”
Currently, Southwest Airlines (LUV) is valued at 6.8x for its forward EV-to-EBITDA ratio.
For the second quarter of 2017, analysts are estimating Southwest Airlines’ revenue to rise 6.2% YoY (year-over-year) to $5.7 billion.
Southwest Airlines (LUV) has been consistently paying dividends since 1980. Most of its peers don’t pay dividends at all.
Southwest Airlines’ (LUV) debt level has remained almost constant for nearly three years at an average of $3.0 billion.
Despite Southwest Airlines’ (LUV) strong revenue growth and unit revenue improvement, analysts expect EBITDA to fall 4.0% YoY in 2Q17.
Southwest Airlines (LUV) is expected to announce its 2Q17 earnings on July 27, 2017. In this series, we’ll see why investors are optimistic.
U.S. Steel has received a consensus price target of $27.23 from its 15 analysts. Based on its July 18 closing price, it’s now trading 16.7% below its consensus target.
During its 1Q17 earnings call, U.S. Steel downwardly revised its 2017 EBITDA guidance to $1.1 billion.
U.S. Steel is now trading at 6.1x its 2017 consensus EBITDA and at 4.7x its consensus 2018 EBITDA.
Analysts expect U.S. Steel (X) to post negative free cash flow of $80 million for 2Q17. The company reported negative free cash flows of $182 million for 1Q17.
Mario Longhi, U.S. Steel’s (X) CEO since 2013, announced his retirement on May 10, 2017. The move came after U.S. Steel stock witnessed its worst single-day fall.
In 1Q17, U.S. Steel posted a surprise loss, while peers like Nucor (NUE) and Steel Dynamics (STLD) posted multi-quarter high profits.