CSX Corp. and UPS Earnings Expectations

CSX (CSX) Corp. reports earnings after the market close April 20. Estimates are for $0.38 EPS and $3.29B revenue. Investors in the transportation industry will be looking to see if the rail market is able to offer any protection to the change in the trucking market, explains Patrick Donnelly, Sr. Analyst, Third Bridge. UPS reports earnings next week. We have seen multi-year growth within parcel delivery stacked and compressed in the last few years, he says. The fundamentals are still strong for parcel logistics, he adds. He discusses the strong demand for shipping. Tune in for the full discussion.