Expanded Services, Diversified Business Models, and Financial Results Schedules and Reports - Research Report on Norfolk Southern, Werner, Trinity, Allegiant, and Copa Holdings
NEW YORK, July 26, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Norfolk Southern Corp. (NYSE: NSC), Werner Enterprises Inc. (NASDAQ: WERN), Trinity Industries Inc. (NYSE: TRN), Allegiant Travel Company (NASDAQ: ALGT), and Copa Holdings SA (NYSE: CPA). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Norfolk Southern Corp. Research Report
On July 23, 2013, Norfolk Southern Corp. (Norfolk Southern) released its Q2 2013 financial results. The Company reported a net income of $465 million, representing an 11.3% YoY decline. Diluted EPS was $1.46, compared with $1.60 per diluted share in Q2 2012. General merchandise revenues grew 2% YoY to $1.6 billion, driven by increased chemical and automotive shipments. Also, intermodal revenues increased 4% YoY to $588 million. Further, railway operating revenues declined 3% YoY to $2.8 billion and Coal revenues declined 17% YoY $626 million, respectively. "In the second quarter, Norfolk Southern delivered solid results, supported by growth in our chemicals, intermodal, and automotive businesses, despite continuing weakness in the coal markets," said Chief Executive Officer Wick Moorman. "We continue to focus on service efficiency and velocity, which is enabling us to control operating expenses and deliver superior performance to our customers." The Full Research Report on Norfolk Southern 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/acd0_NSC]
Werner Enterprises Inc. Research Report
On July 22, 2013, Werner Enterprises Inc. (Werner) announced its Q2 2013 financial results. The Company announced total revenues of $506.6 million during Q2 2013, reflecting a decline of 2.9% YoY. Net income during the quarter was $25.8 million compared to $30.7 million in Q2 2012. EPS for the quarter was $0.35 compared with $0.42 in Q2 2012. Werner's Executive Vice President, Treasurer and Chief Financial Officer, John J. Steele said, "We continue to diversify our business model with the goal of achieving a balanced portfolio of revenues comprised of One-Way Truckload, Specialized Services and VAS. In Q2 2013, we averaged 7,134 trucks in service in the Truckload segment and 45 intermodal drayage trucks in the VAS segment. We ended the quarter with 7,150 trucks in the Truckload segment (an increase of 60 trucks from the end of Q1 2013) and 43 trucks in the VAS segment. Our Specialized Services unit, primarily Dedicated, ended the quarter with 3,620 trucks." He further continued, "Our financial position remains strong. As of June 30, 2013, we had $40.0 million of debt outstanding and $738.9 million of stockholders' equity." The Full Research Report on Werner Enterprises 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/ad39_WERN]
Trinity Industries Inc. Research Report
On July 17, 2013, Trinity Industries, Inc. (Trinity) announced the schedule of its earnings release for Q2 2013 and H1 2013. Trinity will report its financial results after the markets hours on July 31, 2013. Following the earnings release, the Company will also hold a conference call on August 1, 2013, at 11:00 a.m. ET to discuss the results. Trinity informed that the investors can listen to the call at the Company's website in the Investor Relations section. An audio replay of the same will also be available until August 8, 2013. 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]
Allegiant Travel Company Research Report
On July 23, 2013, Allegiant Travel Company (Allegiant) reported its Q2 2013 financial results. The Company reported total operating revenue of $255.9 million during Q2 2013, compared to $231.2 million in Q2 2012. Its EBITDA was $61.0 million, as compared to $54.9 million in Q2 2012. Net income totaled at $25.8 million as compared to $25.2 million in Q2 2012. Diluted EPS came in at $1.34 compared to $1.30 in Q2 2012. "We are very proud to report our 42nd consecutive profitable quarter," stated Maurice J. Gallagher, Jr., Chairman and Chief Executive Officer of Allegiant Travel Company. "We are pleased to drive higher earnings in spite of an exceptionally strong second quarter last year. In addition, for the first six months of this year, we have been able to drive both EBITDA and operating margin expansion. Thanks to the tremendous efforts of our Team Members, we have produced another solid quarter." The Full Research Report on Allegiant Travel Company - 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/92ff_ALGT]
Copa Holdings SA Research Report
On July 17, 2013, Copa Holdings SA's (Copa Holdings) subsidiary, Copa Airlines, announced a new nonstop service between Panama to Tampa, Fla., four times a week starting December 16, 2013. "Copa Airlines is pleased to offer the first-ever nonstop service between Latin America and Tampa Bay, a city with strong commercial ties to Panama, numerous area tourist attractions, and a growing Hispanic population," said Joe Mohan, Senior Vice President, Commercial and Planning, Copa Airlines. "Copa's new nonstop flight will offer Tampa-area residents increased business and leisure travel options and enhanced connectivity to destinations throughout Latin America." Tampa will be the ninth US destination of Copa Airlines and the 66th destination overall. The Full Research Report on Copa Holdings SA - 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/97d2_CPA]
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