USA Truck Reports Third Quarter 2019 Results

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USA Truck (USAK) Misses Q3 EPS by 16c, Revenues Miss

October 31, 2019 4:09 PM EDT

USA Truck (NASDAQ: USAK) reported Q3 EPS of ($0.13), $0.16 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $93.6 million versus the consensus estimate of $129.6 million.

3Q 2019 loss per diluted share of ($0.16) versus 3Q 2018 earnings per diluted share of $0.403Q 2019 adjusted loss per diluted share(a) of ($0.13) when adjusted for acquisition related intangible amortization versus 3Q 2018 adjusted earnings per diluted share(a) of $0.433Q 2019 Trucking operating revenue increased 7.8% to $93.6 million from $86.8 million in 3Q 2018

President and CEO James Reed commented, "The third quarter marked a continuation of... More