Roadrunner Transportation Systems Reports First Quarter 2019 Results
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Roadrunner Transportation Systems (RRTS) Reports Q1 Revenues Below Estimates
May 7, 2019 6:11 AM EDTRoadrunner Transportation Systems (NYSE: RRTS) reported Q1 EPS of ($1.78). Revenue for the quarter came in at $507.1 million versus the consensus estimate of $569 million.
CEO Comments on First Quarter Results
While we saw market softness in the first quarter in some of our well-performing businesses, our longer-term improvement plans are being executed and we continue to invest in our businesses. Although some of our businesses can exhibit volatility between quarters driven primarily by market conditions, our overarching focus is to invest in all segments to achieve better than average industry margins. We are... More
