United Technologies and 4 Key Transportation Stocks Offer Economic Clues in These Earnings

United Technologies Corp. (NYSE:UTX) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. Net income increased 55.25% to $2.06 billion ($1.04 per diluted share) in the quarter versus a net gain of $1.33 billion in the year-earlier quarter. Revenue rose 9.58% to $16.4 billion from the year-earlier quarter.

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United Technologies Corp. reported adjusted net income of $1.04 per share. By that measure, the company beat the mean analyst estimate of $1.03. It missed the average revenue estimate of $16.62 billion.

UTX

CSX Corp. (NYSE:CSX) generated a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income decreased -3.06% to $443 million (43 cents per diluted share) in the quarter versus a net gain of $457 million in the year-earlier quarter. Revenue decreased 1.73% to $2.9 billion from the year-earlier quarter.

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CSX Corp. reported adjusted net income of 43 cents per share. By that measure, the company beat the mean analyst estimate of $0.39. It beat the average revenue estimate of $2.85 billion.

CSX

Norfolk Southern Corp. (NYSE:NSC) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income decreased -13.96% to $413 million ($1.3 per diluted share) in the quarter versus a net gain of $480 million in the year-earlier quarter. Revenue decreased 4.18% to $2.68 billion from the year-earlier quarter.

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Norfolk Southern Corp. reported adjusted net income of $1.3 per share. By that measure, the company beat the mean analyst estimate of $1.19. It beat the average revenue estimate of $2.67 billion.

NSC

Delta Air Lines Inc. (NYSE:DAL) delivered a profit and missed Wall Street’s expectations, BUT beat the revenue expectation. Net income decreased -98.35% to $7 million (1 cent per diluted share) in the quarter versus a net gain of $425 million in the year-earlier quarter. Revenue rose 2.39% to $8.6 billion from the year-earlier quarter.

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Delta Air Lines Inc. reported adjusted net income of 1 cent per share. By that measure, the company missed the mean analyst estimate of $0.28. It beat the average revenue estimate of $8.59 billion.

DAL

Kansas City Southern (NYSE:KSU) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. Net income decreased -3.34% to $92.5 million (92 cents per diluted share) in the quarter versus a net gain of $95.7 million in the year-earlier quarter. Revenue rose 7.37% to $569.4 million from the year-earlier quarter.

Kansas City Southern reported adjusted net income of 92 cents per share. By that measure, the company beat the mean analyst estimate of $0.82. It beat the average revenue estimate of $565.2 million.

KSU

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