Whether you see them or not, industrials businesses play a crucial part in our daily activities. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow.
Due to this bearish outlook, the industry has tumbled by 12.1% over the past six months. This drawdown was worse than the S&P 500’s 5.2% decline.
Volatility cuts both ways - while it creates opportunities, it also increases risk, making sharp declines just as likely as big gains.
This unpredictability can shake out even the most experienced investors.
Let’s dig into the relative performance of Rush Enterprises (NASDAQ:RUSHA) and its peers as we unravel the now-completed Q4 vehicle parts distributors earnings season.
As the Q4 earnings season wraps, let’s dig into this quarter’s best and worst performers in the vehicle parts distributors industry, including FTAI Aviation (NASDAQ:FTAI) and its peers.
Looking back on vehicle parts distributors stocks’ Q4 earnings, we examine this quarter’s best and worst performers, including GATX (NYSE:GATX) and its peers.
Commercial vehicle retailer Rush Enterprises (NASDAQ:RUSH.A) reported Q4 CY2024 results exceeding the market’s revenue expectations, but sales were flat year on year at $2.01 billion. Its GAAP profit of $0.91 per share was 9% above analysts’ consensus estimates.
As the Q3 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the vehicle parts distributors industry, including Rush Enterprises (NASDAQ:RUSHA) and its peers.
The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how vehicle parts distributors stocks fared in Q3, starting with GATX (NYSE:GATX).
Since December 2019, the S&P 500 has delivered a total return of 84.8%. But one standout stock has doubled the market - over the past five years, Rush Enterprises has surged 167% to $55.03 per share. Its momentum hasn’t stopped as it’s also gained 33.5% in the last six months thanks to its solid quarterly results, beating the S&P by 24.7%.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how Air Lease (NYSE:AL) and the rest of the vehicle parts distributors stocks fared in Q3.
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look at Boise Cascade (NYSE:BCC) and its peers.
The end of an earnings season can be a great time to discover new stocks and assess how companies are handling the current business environment. Let’s take a look at how FTAI Aviation (NASDAQ:FTAI) and the rest of the vehicle parts distributors stocks fared in Q3.
