U.S. Xpress Enterprises (USX) Misses Q3 EPS by 3c, Revenues Miss
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U.S. Xpress Enterprises, Inc. Reports Third Quarter 2018 Results
November 1, 2018 4:10 PM EDTCHATTANOOGA, Tenn.--(BUSINESS WIRE)-- U.S. Xpress Enterprises, Inc. (NYSE: USX) (the Company) today announced results for the third quarter of 2018.
Third Quarter 2018 Highlights
Operating revenue of $460.2 million, an increase of 18.0% compared to the third quarter of 2017 Operating income of $22.9 million compared to $11.5 million reported in the third quarter of 2017 Operating ratio of 95.0%, a 200 basis point improvement compared to the third quarter of 2017 Adjusted operating ratio, a non-GAAP measure, of 94.5%, a 230 basis point improvement... More