U.S. Xpress Enterprises, Inc. Reports First Quarter 2019 Results
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U.S. Xpress Enterprises (USX) Misses Q1 EPS by 3c, Revenues Miss
May 2, 2019 4:14 PM EDTU.S. Xpress Enterprises (NYSE: USX) reported Q1 EPS of $0.15, $0.03 worse than the analyst estimate of $0.18. Revenue for the quarter came in at $415.54 million versus the consensus estimate of $445.28 million.
Operating revenue of $415.4 million compared to $425.7 million the first quarter of 2018Adjusted operating revenue increased $2.9 million, excluding the impact of our discontinued Mexico operations and fuel surchargeOperating income of $12.6 million compared to $14.9 million in the first quarter of 2018Operating ratio of 97.0% compared to 96.5% in the first quarter of 2018Adjusted operating ratio1, a non-GAAP measure, of 95.7%, a 40 basis point... More