U.S. Xpress Enterprises Reports First Quarter 2021 Results

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U.S. Xpress Enterprises (USX) Reports In-Line Q1 EPS, Revenues Beat

April 22, 2021 4:12 PM EDT

U.S. Xpress Enterprises (NYSE: USX) reported Q1 EPS of $0.05, in-line with the analyst estimate of $0.05. Revenue for the quarter came in at $450.8 million versus the consensus estimate of $449.11 million.

Eric Fuller, President and CEO, commented, I am pleased with our teams continued execution of our digital initiatives, which are designed to support our goal of doubling our revenues over the next four years. Notably, we grew Variant to 11.8% of Truckload revenues in the first quarter, compared to 9.4% in the fourth quarter of 2020, and remain on track to... More