USA Truck, Inc. ($USAK) 3Q20 Earnings Sneak Peek

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USA Truck, Inc. (NASDAQ:USAK) is set to announce third quarter earning results on Thursday 29th October 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, USAK to report 3Q20 income of $ 0.06 per share.

For the full year, analysts anticipate top line of $ 517.23 million, while looking forward to loss of $ 0.04 per share bottom line.

Previous Quarter Performance

USA Truck, Inc. communicated loss for the second quarter of $ 0.06 per share, from the revenue of $ 123.74 million. The consensus estimates are loss of $ 0.09 per share from $ 119.23 million in revenue. The bottom line results beat street analysts by $ 0.03 or 33.33 percent, at the same time, top line results outshined analysts by $ 4.51 million or 3.78 percent.

Stock Performance

Shares of USA Truck, Inc. traded low $ -0.06 or -0.71 percent on Wednesday, reaching $ 8.35 with volume of 31.00 thousand shares. USA Truck, Inc. has traded high as $ 8.39 and has cracked $ 8.04 on the downward trend

According to the previous trading day, closing price of $ 8.35, representing a 256.36 % increase from the 52 week low of $ 2.36 and a 34.55 % decrease over the 52 week high of $ 12.85.

The company has a market capital of $ 73.17 million and is part of the Industrials sector and Trucking industry.

USA Truck, Inc. operates as a truckload carrier in the United States, Mexico, and Canada. The company operates through two segments, Trucking and USAT Logistics.