Recap: U.S. Xpress Enterprises Q3 Earnings

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

ET Webcast URL: https://event.on24.com/eventRegistration/EventLobbyServlet?target=reg20.jsp&referrer=https%3A%2F%2Finvestor.usxpress.com%2F&eventid=2628407&sessionid=1&key=9B0D42AFF43DE9074D728221DB1CE16C&regTag=&sourcepage=register

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.