Brief: Rush Enterprises Reports Q1 Earnings Per Share $0.62

Rush Enterprises

22/04/2020 22:55

April 22 (Reuters) - Rush Enterprises Inc  RUSHA.O :
    * RUSH ENTERPRISES, INC. REPORTS FIRST QUARTER 2020 RESULTS,
ANNOUNCES $0.13 PER SHARE DIVIDEND
    * Q1 EARNINGS PER SHARE $0.62
    * Q1 REVENUE $1.287 BILLION VERSUS REFINITIV IBES ESTIMATE
OF
$1.14 BILLION
    * Q1 EARNINGS PER SHARE ESTIMATE $0.40 -- REFINITIV IBES
DATA
    * MANAGEMENT SUSPENDS SHARE REPURCHASE PROGRAM
    * OUTLOOK FOR REMAINDER OF YEAR IS UNCERTAIN DUE TO IMPACT
OF
COVID-19 PANDEMIC
    * CHIEF EXECUTIVE OFFICER AND PRESIDENT OF COMPANY HAS
REDUCED HIS
SALARY BY 25 PERCENT
    * MEMBERS OF SENIOR EXECUTIVE TEAM OTHER THAN CEO REDUCED
THEIR
SALARIES BY 10 PERCENT
    * MEMBERS OF BOARD OF DIRECTORS VOTED TO REDUCE AMOUNT OF
THEIR
ANNUAL CASH RETAINER BY 10 PERCENT

Source text for Eikon:  ID:nGNX9NHhwX 
Further company coverage:  RUSHA.O 

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