U.S. Xpress Enterprises Reports Fourth Quarter 2019 Results

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U.S. Xpress Enterprises (USX) Tops Q4 EPS by 4c, Revenues Beat

February 6, 2020 6:27 AM EST

U.S. Xpress Enterprises (NYSE: USX) reported Q4 EPS of ($0.05), $0.04 better than the analyst estimate of ($0.09). Revenue for the quarter came in at $449.63 million versus the consensus estimate of $432.09 million.

Fourth Quarter 2019 Highlights

Operating revenue of $449.6 million compared to $469.2 million in the fourth quarter of 2018Operating income of $1.4 million compared to $21.1 million in the fourth quarter of 2018Operating ratio of 99.7% compared to 95.5% in the fourth quarter of 2018Net loss attributable to controlling interest of $9.6 million, or $0.20 per diluted share, included a $6.8 million, or $0.14 per share, write off of an equity... More