NEW YORK, August 15, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting Trinity Industries, Inc. (NYSE: TRN), Nordic American Tankers Limited (NYSE: NAT), J.B. Hunt Transport Services, Inc. (NASDAQ: JBHT), SEACOR Holdings, Inc. (NYSE: CKH), and DryShips Inc. (NASDAQ: DRYS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Trinity Industries, Inc. Research Report
On July 31, 2013, Trinity Industries, Inc. (Trinity) reported Q2 2013 financial results. Revenues for Q2 2013 were $1.1 billion, up 7.1% YoY. Net income attributable to stockholders of the Company of $84 million, or $1.06 per common diluted share, was higher as compared with net income of $67.8 million, or $0.84 per common diluted share, in Q2 2012. "Our Rail Group, Energy Equipment Group, and Construction Products Group each recorded solid operating results compared to prior quarters," said Timothy R. Wallace, Chairman, CEO, and President of Trinity. "We continued to receive orders for products that serve the oil, gas, and chemical industries. The amount of backlog visibility we have in our major businesses provides us opportunities to continue to generate additional operating efficiencies." 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]
Nordic American Tankers Limited Research Report
On August 12, 2013, Nordic American Tankers Limited (Nordic American Tankers) reported Q2 2013 financial results. The Company's net voyage revenue for Q2 2013 was $10.0 million, down 64.9% YoY. The Company reported a loss of $0.48 per share in Q2 2013, compared with a loss of $0.15 per share in Q2 2012. Nordic American Tankers noted that demand in Q2 2013 was impacted by refinery maintenance shutdowns, and coupled with continuing deliveries of new vessels from the shipyards, tanker rates remained under pressure during Q2 2013. The Full Research Report on Nordic American Tankers Limited - 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/0ee2_NAT]
J.B. Hunt Transport Services, Inc. Research Report
On August 12, 2013, J.B. Hunt Transport Services, Inc. (J.B. Hunt) announced that it has once again been named as one of the top third-party logistics (3PL) provider in the Inbound Logistics Top 100 3PL Excellence Awards, published in the July 2013 edition of the magazine. The Company reported that it was ranked fifth overall. "J.B. Hunt is proud of our ability to safely and professionally handle transportation requirements across a wide variety of industries," said Shelley Simpson, President of Integrated Capacity Solutions and Chief Marketing Officer of J.B. Hunt. "Our asset-based, integrated, and flexible 3PL model gives our customers peace of mind; they know their freight is in good hands, from start to finish." The Full Research Report on J.B. Hunt Transport Services, 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/34e2_JBHT]
SEACOR Holdings, Inc. Research Report
On July 30, 2013, SEACOR Holdings, Inc. (SEACOR) reported its Q2 2013 financial results. The Company's operating revenues were $315.6 million, up 2.0% YoY. Q2 2013 net income attributable to SEACOR was $19.3 million, or $0.91 per diluted share, compared to $11.2 million, or $0.54 per diluted share, in Q2 2012. As of June 30, 2013, the Company had cash, cash equivalents, restricted cash, marketable securities, construction reserve funds, and Title XI reserve funds of $589.2 million. The Full Research Report on SEACOR Holdings, 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/ed99_CKH]
DryShips Inc. Research Report
On August 7, 2013, DryShips Inc. (DryShips) reported its Q2 2013 unaudited financial results. The Company's total revenues of $336.0 million remained flat year-on-year. Voyage revenues for Q2 2013 went up 4.9% YoY to $76.2 million. Also, Q2 2013 net loss attributable to the Company of $18.2 million, or $0.05 per share remained flat year-on-year. "We continue to be defensive about the short-term prospects of the shipping markets. Asset prices seem to be holding up but we do not expect any positive development in drybulk and tanker charter rates this year," said George Economou, Chairman and CEO of DryShips. "As a result we have focused this year on reducing our breakeven levels. We lowered our newbuilding capital expenditures significantly and are now focusing on other areas." The Full Research Report on DryShips 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/104a_DRYS]
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SOURCE Analysts' Corner
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