Market Overview

Recap: TravelCenters Of America Q2 Earnings

Share:

Shares of TravelCenters Of America (NASDAQ:TA) remained unaffected after the company reported Q2 results.

Quarterly Results

Earnings per share rose 293.33% year over year to $0.59, which missed the estimate of $0.68.

Revenue of $986,103,000 declined by 38.25% year over year, which beat the estimate of $913,020,000.

Looking Ahead

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.

Conference Call Details

Date: Aug 05, 2020

Time: 10:00 AM

ET Webcast URL: https://78449.choruscall.com/dataconf/productusers/ta/mediaframe/38943/indexr.html

Price Action

Company's 52-week high was at $23.26

Company's 52-week low was at $5.51

Price action over last quarter: Up 68.63%

Company Profile

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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