NEW YORK, April 23, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Union Pacific Corporation (NYSE: UNP), United Parcel Service, Inc. (NYSE: UPS), Time Warner Cable Inc. (NYSE: TWC), MGM Resorts International (NYSE: MGM) and Kansas City Southern (NYSE: KSU). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1475-100free.
Union Pacific Corporation Analyst Notes
On April 17, 2014, Union Pacific Corporation (Union Pacific) reported its financial results for Q1 2014. The Company reported a 6.6% YoY increase in operating revenues to $5.6 billion. Freight revenues, which comprise 93.7% of the total revenue increased 6.1% YoY, mainly due to volume growth and core pricing gains. The Omaha, Nebraska-based operator of the largest railroad in North America, reported net income of $1.1 billion or $2.38 per diluted share, as compared to $957 million or $2.03 per diluted share in Q1 2013. On average, 24 analysts polled by Thomson Reuters expected EPS of $2.37 for the quarter. The full analyst notes on Union Pacific are available to download free of charge at:
United Parcel Service, Inc. Analyst Notes
On April 16, 2014, United Parcel Service, Inc. (UPS) announced that it will report its Q1 2014 financial results on April 24, 2014, at approximately 7:45 a.m. ET. UPS Chairman and CEO Scott Davis and CFO Kurt Kuehn will host an investor conference call at 8:30 a.m. ET. According to Zacks Investment Research, the consensus EPS estimate for Q1 2014 is $1.10. The full analyst notes on UPS are available to download free of charge at:
Time Warner Cable Inc. Analyst Notes
On April 15, 2014, Time Warner Cable Inc. (Time Warner Cable) announced the development of its first IP Set-Top Box integrating the Reference Design Kit (RDK) platform. The Company is working with Humax, digital Set-Top Box manufacturers, to create the IP-based set-top box that features its next generation cloud navigator. As stated, Time Warner Cable and Comcast Corporation announced their RDK joint venture last year, whereby each would provide technical guidance, coding and financial support to promote the RDK as the platform software solution for the cable industry. Commenting on the development, Matthew Zelesko, Time Warner Cable's Senior Vice President, Converged Technology Group, said, "The RDK continues to evolve thanks to the collaboration and joint efforts of the RDK community. We look forward to the continued development of the RDK and will work together to enhance it as a strategic platform for next generation Set-Top Boxes and devices." The full analyst notes on Time Warner Cable are available to download free of charge at:
MGM Resorts International Analyst Notes
On April 15, 2014, MGM Resorts International (MGM Resorts) announced that it has been recognized for lighting innovations by the Lighting Energy Efficiency in Parking (LEEP) Campaign. The Company was awarded the "Highest Absolute Annual Savings in a Retrofit at a Single Parking Structure" for a major lighting retrofit at MGM Grand Detroit, and "Largest Percentage of Facilities Upgraded" for MGM Facilities in Michigan and Nevada. LEEP is co-sponsored by the Business Owners and Management Association, Green Parking Council, International Facility Management Association and Better Buildings through U.S. Department of Energy. Commenting on the recognition, Cindy Ortega, Chief Sustainability Officer of MGM Resorts, said, "Our outdoor lighting projects are truly transformational and have been undertaken to further position MGM Resorts as a thought leader in sustainability. Both, the Detroit project and the Las Vegas parking lot upgrades have allowed for other markets to follow in making advancements in lighting efficiency." The full analyst notes on MGM Resorts are available to download free of charge at:
Kansas City Southern Analyst Notes
On April 16, 2014, Kansas City Southern (KCS) announced its financial results for Q1 2014. Quarterly revenue increased 9.9% YoY to $607 million. According to the Company, 40% increase in Agriculture and Minerals, primarily due to an increase in grain volumes, led to increase in the overall revenue growth. The net income for Q1 2014 declined to $94 million, or $0.85 per diluted share as compared to $104 million, or $0.94 per diluted share, in Q1 2013. Excluding the impacts of lease termination costs, foreign exchange rate fluctuations and debt retirement costs, adjusted diluted earnings per share for Q1 2014 was $1.05. Analysts at Thomson Reuters expected the company to report earnings of $0.99 per share for Q1 2014. The full analyst notes on KCS are available to download free of charge at:
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