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Worthington Industries' oil and gas business misses expectations for 2Q
2014-12-18 21:23:23| Steel - Topix.net
An oil and gas business at Worthington Industries Inc. did not meet expectations for the last quarter, but the company sees the problems as short-term, even as the industry continues to grapple with low prices. The Columbus company said its oil and gas equipment operation needs attention after suffering a product miss and high manufacturing costs, but the issues there and at a unrelated manufacturing facility are "controllable and temporary," CFO Andy Rose told analysts on the company's second-quarter 2015 earnings call.
FedEx Misses In Q2 As Costs Rise; Outlook Weakens
2014-12-17 23:06:32| Air Courier - Topix.net
Earnings per share for the No. 2 package shipper climbed 36% to $2.14 on a 4.7% increase in revenue to $11.94 billion.
Tags: costs
rise
outlook
fedex
UPDATE 2-Despite 2nd-quarter profit jump, FedEx misses expectations
2014-12-17 20:26:02| Trucking - Topix.net
Increased U.S. domestic and international volumes sparked higher quarterly profit at FedEx Corp, the package delivery company said on Wednesday, but quarterly earnings and its full-year outlook fell short of expectations. Both FedEx and main rival United Parcel Service Inc are in the final days of their holiday peak season, which has boomed over the past decade due to the rise of e-commerce.
Tags: jump
update
profit
expectations
FedEx misses Street 2Q forecasts
2014-12-17 14:39:16| Air Courier - Topix.net
FedEx's second-quarter earnings jumped 23 percent, but the package delivery company missed Wall Street forecasts and left its expectation for the full fiscal year unchanged.
Tags: street
forecasts
fedex
misses
FedEx Profit Misses Estimates on Maintenance, Fuel Fees
2014-12-17 14:39:15| Air Courier - Topix.net
FedEx reports second-quarter results that fell short of expectations, but reaffirmed their 2015 profit forecast. Bloomberg's Scarlet Fu reports on "Bloomberg Surveillance."
Tags: maintenance
fees
profit
estimates
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