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Rail News: Financials

Analysts to discuss Class I first-quarter earnings tomorrow during morning webcast


Tomorrow, Progressive Railroading will present a webcast titled “Tea Leaves 2012: What the Class Is’ First-Quarter Earnings Mean to Rail, Transportation and More.”

The event will feature presentations from two leading transportation industry analysts: Tony Hatch, president of ABH Consulting, and Donald Broughton, senior research analyst and managing director of Avondale Partners L.L.C.

A Progressive Railroading columnist and RailTrends® program consultant, Hatch has been a senior transportation industry analyst on Wall Street for more than 20 years. As an independent consultant, he’s worked with a range of railroads, including CSX Transportation, Union Pacific Railroad, BNSF Railway Co., Kansas City Southern and CN.

For Avondale, Broughton covers industrials and transportation. Prior to joining Avondale, he served as senior research analyst at A.G. Edwards, where he covered trucking companies, air freight entities, railroads and freight forwarders.

At “Tea Leaves 2012,” Hatch and Broughton will provide their respective takes on the Class Is’ first-quarter performance. They also will explore broader transportation themes. And after delivering their presentations, they will answer attendees' questions.

The webcast will begin at 11 a.m. (EDT). The cost to attend/participate is $199. To register, go online:

Contact Progressive Railroading editorial staff.

More News from 4/30/2012