Q4 Earnings Highs And Lows: U-Haul (NYSE:UHAL) Vs The Rest Of The Ground Transportation Stocks

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at U-Haul (NYSE:UHAL) and the best and worst performers in the ground transportation industry.

The growth of e-commerce and global trade continues to drive demand for shipping services, especially last-mile delivery, presenting opportunities for ground transportation companies. The industry continues to invest in data, analytics, and autonomous fleets to optimize efficiency and find the most cost-effective routes. Despite the essential services this industry provides, ground transportation companies are still at the whim of economic cycles. Consumer spending, for example, can greatly impact the demand for these companies’ offerings while fuel costs can influence profit margins.

The 15 ground transportation stocks we track reported a slower Q4. As a group, revenues were in line with analysts’ consensus estimates.

In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results.

U-Haul (NYSE:UHAL)

U-Haul reported revenues of $1.39 billion, up 3.7% year on year. This print exceeded analysts’ expectations by 3.1%. Despite the top-line beat, it was still a mixed quarter for the company.

“Moving activity increased over the quarter as demand for our products and services ticked up,” stated Joe Shoen, Chairman of U-Haul Holding Company.

The stock is up 4.4% since reporting and currently trades at $74.71.

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Best Q4: XPO (NYSE:XPO)

XPO reported revenues of $1.92 billion, flat year on year, in line with analysts’ expectations. The business had an exceptional quarter with a solid beat of analysts’ EPS estimates and an impressive beat of analysts’ EBITDA estimates.

The market seems happy with the results as the stock is up 5.8% since reporting. It currently trades at $144.30.

Weakest Q4: Avis Budget Group (NASDAQ:CAR)

Avis Budget Group reported revenues of $2.71 billion, down 2% year on year, falling short of analysts’ expectations by 1%. It was a disappointing quarter as it posted a significant miss of analysts’ adjusted operating income estimates.

Interestingly, the stock is up 7.2% since the results and currently trades at $96.20.

Saia (NASDAQ:SAIA)

Saia reported revenues of $789 million, up 5% year on year. This number topped analysts’ expectations by 1.5%. It was a strong quarter as it also recorded an impressive beat of analysts’ sales volume estimates and a decent beat of analysts’ adjusted operating income estimates.

The stock is up 6% since reporting and currently trades at $503.40.

Werner (NASDAQ:WERN)

Werner reported revenues of $754.7 million, down 8.2% year on year. This print lagged analysts' expectations by 0.9%. Overall, it was a disappointing quarter as it also logged a significant miss of analysts’ adjusted operating income estimates.

Werner had the slowest revenue growth among its peers. The stock is up 1.1% since reporting and currently trades at $35.05.

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This content was originally published on Stock Story