U.S. Xpress Enterprises Reports Second Quarter 2020 Results

Go back to U.S. Xpress Enterprises Reports Second Quarter 2020 Results

U.S. Xpress Enterprises (USX) Tops Q2 EPS by 31c, Revenues Beat

July 28, 2020 4:19 PM EDT

U.S. Xpress Enterprises (NYSE: USX) reported Q2 EPS of $0.18, $0.31 better than the analyst estimate of ($0.13). Revenue for the quarter came in at $422.5 million versus the consensus estimate of $414.76 million.

Second Quarter 2020 Financial Highlights

Operating revenue of $422.5 million compared to $413.9 million in the second quarter of 2019Operating income of $16.3 million compared to $8.8 million in the second quarter of 2019Operating ratio of 96.1% compared to 97.9% in the second quarter of 2019Adjusted operating ratio1, a non-GAAP measure, of 95.9% compared to 97.5% in the second quarter of 2019Net income attributable to controlling... More