Brief: US Xpress Enterprises Expects Its Q2 2019 Adj Operating Ratio To Approximate 97.5%
11/07/2019 21:57
July 11 (Reuters) - US Xpress Enterprises Inc USX.N :
* U.S. XPRESS ENTERPRISES UPDATES FINANCIAL GUIDANCE
* US XPRESS ENTERPRISES INC - TODAY ANNOUNCED UPDATED
FINANCIAL
AND CAPITAL EXPENDITURE GUIDANCE FOR Q2 AND FULL YEAR OF 2019
* US XPRESS ENTERPRISES INC - NOW EXPECTS ITS Q2 2019
ADJUSTED
OPERATING RATIO TO APPROXIMATE 97.5%
* US XPRESS ENTERPRISES INC - ADJUSTING ITS FULL YEAR 2019
ADJUSTED OPERATING RATIO GUIDANCE TO A RANGE OF 95.5% TO 97.5%
* US XPRESS ENTERPRISES INC - ADJUSTING NET CAPITAL
EXPENDITURE
BUDGET FOR 2019 TO A RANGE OF $110 TO $130 MILLION VERSUS PRIOR
GUIDANCE OF $170 TO $190 MILLION
Source text for Eikon: ID:nBw3FQv2ma
Further company coverage: USX.N
(Reuters.Briefs@thomsonreuters.com)
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