U.S. Xpress Enterprises, Inc. (NYSE:USX) is reporting third quarter financial results on Thursday 22nd October 2020, after market close.
According to analysts surveyed by Thomson Reuters, USX is expected to report 3Q20 income of $ 0.21 per share from revenue of $ 444.88 million.
For the full year, analysts anticipate top line of $ 1773.01 million, while looking forward to income of $ 0.58 per share bottom line.
Previous Quarter Performance
U.S. Xpress Enterprises, Inc. unveiled income for the second quarter of $ 0.18 per share, from the revenue of $ 422.48 million. The quarterly earnings swell 200.00 percent compared with the same quarter last year. The consensus estimates are loss of $ 0.13 per share from $ 414.76 million in revenue. The bottom line results beat street analysts by $ 0.31 or 238.46 percent, at the same time, top line results outshined analysts by $ 7.72 million or 1.86 percent.
Stock Performance
Shares of U.S. Xpress Enterprises, Inc. traded up $ 0.05 or 0.54 percent on Wednesday, reaching $ 9.31 with volume of 292.50 thousand shares. U.S. Xpress Enterprises, Inc. has traded high as $ 9.74 and has cracked $ 9.27 on the downward trend
The closing price of $ 9.31, representing a 249.43 % increase from the 52 week low of $ 2.65 and a 18.34 % decrease over the 52 week high of $ 11.34.
The company has a market capital of $ 461.81 million and is part of the Industrials sector and Trucking industry.
Recent Analyst recommendations
- On 15th October 2020, upgraded by Stifel Nicolaus to Buy from Hold rating.
Conference Call
U.S. Xpress Enterprises, Inc. will be hosting a conference call at 5:00 PM eastern time on 22nd October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.usxpress.com
U.S. Xpress Enterprises, Inc. operates as an asset-based truckload carrier providing services primarily in the United States.
