Daseke, Inc. (DSKE) Misses Q2 EPS by 16c, Beats on Revenues

August 9, 2017 6:51 AM EDT
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Price: $6.69 --0%

Revenue Growth %: -9.8%

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Daseke, Inc. (NASDAQ: DSKE) reported Q2 EPS of ($0.15), $0.16 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $197.3 million versus the consensus estimate of $184.89 million.

Highlights

  • Sequentially, second quarter 2017 revenue improved 23 percent over first quarter 2017, a $37 million increase.
  • Continued execution on consolidation strategy with the addition of two operating companies during the second quarter and one on July 1, 2017.
  • Improving 2017 industry environment with favorable rate trends.
  • Strong segment performance, with Flatbed Solutions segment leading the way.
  • Acquisition pipeline remains robust for continued execution of growth strategy.
  • Daseke remains on track to achieve its 2017 pro forma Adjusted EBITDA target of $140 million.1

For earnings history and earnings-related data on Daseke, Inc. (DSKE) click here.



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