U.S. Xpress Enterprises drops after earnings miss estimates

US Xpress Enterprises

22/10/2020 22:00

** U.S. truckload carrier's shares  USX.N  plunge 19.3% to
$7.05 in extended trading - stock set to open at its lowest
level in nearly three months
    ** USX reports Q3 adj EPS of $0.20 vs analysts' estimates of
$0.23; Posts revenue of $431.5 mln, missing estimates of $445.4
mln  urn:newsml:reuters.com:*:nBw9XlGGwa
    ** Stock top pct loser among NYSE-listed stocks after the
bell; On track for its worst session in nearly two years if
losses hold  
    ** USX has gained more than 85% YTD

 (Reporting by Uday Sampath in Bengaluru)
 ((UdaySampath.Kumar@thomsonreuters.com; within U.S.+1 646 223
8780; Twitter: https://twitter.com/sampath_uday ;))