Market Overview

Recap: TravelCenters Of America Q1 Earnings

Share:

Shares of TravelCenters Of America (NASDAQ:TA) were unchanged at $10.16 after the company reported Q1 results.

Quarterly Results

Earnings per share were down 402.78% year over year to ($1.81), which missed the estimate of ($0.68).

Revenue of $1,303,000,000 lower by 8.69% year over year, which missed the estimate of $1,400,000,000.

Outlook

TravelCenters Of America hasn't issued any earnings guidance for the time being.

TravelCenters Of America hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: May 05, 2020

Webcast URL: https://78449.choruscall.com/dataconf/productusers/ta/mediaframe/36742/indexr.html

Recent Stock Performance

Company's 52-week high was at $19.64

Company's 52-week low was at $3.35

Price action over last quarter: down 19.68%

Company Description

TravelCenters Of America Inc is a US-based company which operates travel centers and standalone restaurants. It operated or franchised several travel centers, few standalone truck service facilities, and some standalone restaurants. The company's customers include trucking fleets and their drivers, independent truck drivers, highway and local motorists and casual diners. It generates revenue from fuel operations, non-fuel operations, rents, royalties and other fees from tenants and franchisees. The majority of its revenue is derived from fuel operations from the United States.

 

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Posted-In: Earnings News