Brief: U.S. Xpress Enterprises Reports Q4 Loss Per Share $0.20

US Xpress Enterprises

06/02/2020 11:50

Feb 6 (Reuters) - US Xpress Enterprises Inc  USX.N :
    * U.S. XPRESS ENTERPRISES REPORTS FOURTH QUARTER 2019
RESULTS
    * Q4 REVENUE $449.6 MILLION VERSUS REFINITIV IBES ESTIMATE
OF
$432.1 MILLION
    * Q4 LOSS PER SHARE $0.20
    * Q4 ADJUSTED NON-GAAP LOSS PER SHARE $0.05
    * Q4 EARNINGS PER SHARE ESTIMATE $-0.09 -- REFINITIV IBES
DATA
    * COMPANY'S BASELINE ASSUMPTIONS FOR 2020 INCLUDE SLOW
GROWTH IN
INDUSTRY-WIDE TRUCKLOAD SHIPMENTS
    * US XPRESS ENTERPRISES - THERE CONTINUES TO BE UNCERTAINTY
IN
SHORT-TERM ENVIRONMENT, WHICH WILL IMPACT ACTUAL SEQUENTIAL
MARGIN DETERIORATION IN Q1
    * CONTINUE TO BELIEVE THAT MARKET CONDITIONS WILL IMPROVE IN
BACK
HALF 2020

Source text for Eikon:  ID:nBw82pLGRa 
Further company coverage:  USX.N 

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