Roadrunner Transportation Systems Reports 2016 First Quarter Results and Revises 2016 Guidance
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UPDATE: BB&T Capital Cuts Roadrunner Transportation (RRTS) to 'Underweight'
May 5, 2016 7:13 AM EDT(Updated - May 5, 2016 11:14 AM EDT)
BB&T Capital downgraded Roadrunner Transportation (NYSE: RRTS) from Hold to Underweight. The change follows the release of Q1 results. Analyst Thomas S. Albrechtsiad said while new guidance doesn't sound so bad, first quarter performance means that there must be a "significant ramp up in performance from Q2'16 onward."
"First, we have a low level of confidence in the... More
Roadrunner Transportation Systems (RRTS) Misses Q1 EPS by 10c
May 4, 2016 4:54 PM EDTRoadrunner Transportation Systems (NYSE: RRTS) reported Q1 EPS of $0.13, $0.10 worse than the analyst estimate of $0.23. Revenue for the quarter came in at $465.6 million versus the consensus estimate of $469.2 million.
GUIDANCE:
Roadrunner Transportation Systems sees FY2016 EPS of $1.10-$1.25, may not... More
