Overview
U.S. truckload carrier's Q1 revenue fell 8.7% yr/yr
Company posted net loss of $8000
Outlook
Company intends to more actively implement share repurchases in Q2 2026 under existing authorization
Result Drivers
LOWER LOADS AND MILES - Co reported declines in total loads, total miles, and average trucks, contributing to lower revenue
PROPERTY SALE GAIN - Q1 results included a one-time $12.7 mln gain on sale of real property, reducing operating expenses
Company press release: ID:nBw9NwH3fa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Operating Revenue
$141.88 mln
Q1 EPS
$0
Q1 Net Income
-$8,000
Q1 Operating Income
-$271,000
Q1 Pretax Profit
-$10,000
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)