USA Truck Reports Second Quarter 2016 Results
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USA Truck (USAK) Misses Q2 EPS Views; Provides Outlook
August 3, 2016 8:09 AM EDTUSA Truck (NASDAQ: USAK) reported Q2 EPS of ($0.21), $0.40 worse than the analyst estimate of $0.19. Revenue for the quarter came in at $109.9 million versus the consensus estimate of $113.18 million.
Outlook
Given the deterioration in industry conditions in the past quarter and lower volumes with certain dedicated customers, Truckings adjusted operating ratio is unlikely to improve by up to 200 basis points this year... More
