Ryder System reported Q3/18 total revenue grew a record 17% to $2.2 billion, up from $1.8 billion a year earlier. read more
OCT 29, 2018 - 6:30 am
Trinity Industries reported its Railcar Leasing group Q3/18 operating profit was off primarily because of lower average rental rates, lower asset advisory fees and a change in the mix of railcars sold from the lease fleet. read more
OCT 26, 2018 - 7:07 am
CIT Group reported Q3/18 net income, excluding items, of $131 million or $1.15 EPS compared to $139 million or $1.02 EPS a year earlier. Analysts had expected EPS of $1.14. The bank noted Commercial Finance and Business Capital loans were up 7.2% and 9.8% Y/Y respectively. read more
OCT 24, 2018 - 7:19 am
Cat Financial reported Q3/18 profit was $125 million, up 45% from Q3/17. New business volume during Q3/18 of $2.88 billion was up $101 million or 4% from Q3/17. read more
OCT 24, 2018 - 7:00 am
Rush Enterprises reported its Q3/18 net income of $41.7 million was up 39.9% from $29.8 million in Q3/17. Rush noted Q3 U.S. Class 8 retail sales were 69,609 units, up 35% compared to the same period last year. read more
OCT 24, 2018 - 6:50 am
Caterpillar announced Q3/18 sales and revenues of $13.5 billion, up 18% from $11.5 billion a year earlier. CAT noted its EPS of $2.88 was a Q3 record. read more
OCT 23, 2018 - 1:55 pm
PACCAR's reported net income of $545.3 million in Q3/18 was 35% higher compared to Q3/17. PACCAR Financial earned $78.8 million in Q3/18, up 11.6% from $70.6 million earned in the same quarter in 2017. read more
OCT 23, 2018 - 1:52 pm
GATX reported year-to-date through September 2018 net income was $162.1 million, up from $159.9 million a year earlier. GATX noted results included the $5.8 million cost of a facility closure in Germany during Q2/18. read more
OCT 23, 2018 - 9:30 am
TCF’s reported Q3/18 net income was $86.2 million, up 42.4% from $60.5 million a year earlier. The bank noted revenue was up 6.5% and credit losses were down 84.4% from the same quarter one year-ago. read more
OCT 23, 2018 - 6:45 am
1st Source reported year-to-date net income was a record $60.97 million, up from $50.6 million one year earlier. The bank noted one large syndicated charge off described as ‘unique in both size and complexity.” read more
OCT 22, 2018 - 7:20 am
Signature Bank said its net income for Q3/18 was $155.4 million, up 24.8% from $124.5 million a year earlier. The year/year increase was due to an increase in net interest income and a decrease in the provision for loan losses. read more
OCT 19, 2018 - 7:10 am
Snap-on reported its Q3/18 Financial Services operating earnings of $59.3 million were up from $56.0 million a year earlier. Originations for the nine month period that ended 9/29/18 were $790.4 million, off 2.1% from a year earlier. read more
OCT 19, 2018 - 6:50 am
U.S. Bancorp reported record Q3 net revenue, earnings and EPS and noted performance was driven by “strong underlying momentum” in each business line. read more
OCT 18, 2018 - 7:15 am
KeyCorp reported its Q3/18 net income of $468 million was up 34% from $349 million for the same period in 2017. read more
OCT 18, 2018 - 7:05 am
Wells Fargo reported Q3/18 net income of $6.01 billion was up 32% from $4.54 billion in Q3/17. The bank also noted YTD U.S. C&I Loan and Lease Financing yields of 4.08% and 4.82%, respectively were up from 3.70% and 4.78% for the same period in 2017. read more
OCT 15, 2018 - 7:00 am