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

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U.S. Xpress Enterprises Reports Second Quarter 2020 Results

July 28, 2020 4:15 PM EDT

CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- U.S. Xpress Enterprises, Inc. (NYSE: USX) (the Company) today announced results for the second quarter of 2020.

Second Quarter 2020 Financial Highlights

Operating revenue of $422.5 million compared to $413.9 million in the second quarter of 2019 Operating income of $16.3 million compared to $8.8 million in the second quarter of 2019 Operating ratio of 96.1% compared to 97.9% in the second quarter of 2019 Adjusted operating ratio1, a non-GAAP measure, of 95.9% compared to 97.5% in the second quarter of 2019 Net income attributable to controlling interest of $9.5... More