U.S. Xpress Enterprises (USX) Tops Q4 EPS by 1c, Revenues Miss
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U.S. Xpress Enterprises, Inc. Reports Fourth Quarter 2018 Results
February 7, 2019 4:10 PM ESTCHATTANOOGA, Tenn.--(BUSINESS WIRE)-- U.S. Xpress Enterprises, Inc. (NYSE: USX) (the Company) today announced results for the fourth quarter of 2018.
Fourth Quarter 2018 Highlights
Operating revenue of $469.2 million, an increase of 8.8% compared to the fourth quarter of 2017 Operating income of $21.1 million compared to $12.5 million reported in the fourth quarter of 2017 Operating ratio of 95.5%, a 160 basis point improvement compared to the fourth quarter of 2017 Adjusted operating ratio1, a non-GAAP measure, of 92.5%, a 280 basis point improvement compared to the... More