(Source: Benzinga, June 30, 2015)
NEW YORK — In a report published Tuesday, Credit Suisse analyst Allison Landry lowered her earnings per share estimates on rail companies for the second time this quarter. Landry stated in a research note at the end of May that while consensus estimates have been “steadily” coming down over the past few weeks, Street expectations were still too high. The analyst noted that volume comps will “continue to be tough” for the remainder of the second quarter and beyond.
Full story: Benzinga