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

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U.S. Xpress Enterprises Reports Fourth Quarter 2019 Results

February 6, 2020 6:25 AM EST

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- U.S. Xpress Enterprises, Inc. (NYSE: USX) (the Company) today announced results for the fourth quarter of 2019.

Fourth Quarter 2019 Highlights

Operating revenue of $449.6 million compared to $469.2 million in the fourth quarter of 2018 Operating income of $1.4 million compared to $21.1 million in the fourth quarter of 2018 Operating ratio of 99.7% compared to 95.5% in the fourth quarter of 2018 Net 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 method... More