Shares of U.S. Xpress Enterprises USX fell 16.8% in after-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share rose 766.67% over the past year to $0.20, which missed the estimate of $0.21.
Revenue of $431,469,000 up by 0.69% from the same period last year, which missed the estimate of $444,880,000.
Outlook
U.S. Xpress Enterprises hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Details Of The Call
Date: Oct 22, 2020
Time: 05:00 PM
Technicals
52-week high: $11.34
52-week low: $2.65
Price action over last quarter: down 14.35%
Company Description
U.S. Xpress Enterprises Inc is a truckload carrier in the United States. The company offers a portfolio of services using its own truckload fleet and third-party carriers through its non-asset-based truck brokerage network. Its segments are Truckload and Brokerage. The Truckload segment offers asset-based truckload services and the OTR and contract services. The Brokerage segment includes non-asset-based freight brokerage services. The company generates a majority of its revenue from the Truckload segment. Geographically, it generates a majority of its revenue from the United States.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.