U.S. Xpress Enterprises (USX) Misses Q3 EPS by 1c
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U.S. Xpress Enterprises Reports Third Quarter 2020 Results
October 22, 2020 4:10 PM EDTCHATTANOOGA, Tenn.--(BUSINESS WIRE)-- U.S. Xpress Enterprises, Inc. (NYSE: USX) (the Company) today announced results for the third quarter of 2020.
Third Quarter 2020 Financial Highlights
Operating revenue of $431.5 million compared to $428.5 million in the third quarter of 2019 Operating income of $15.9 million compared to $3.3 million in the third quarter of 2019 Operating ratio of 96.3% compared to 99.2% in the third quarter of 2019 Adjusted operating ratio1, a non-GAAP measure, of 96.1% compared to 99.2% in the third quarter of 2019 Truckload operating ratio improved 450 basis points to 94.6% from 99.1% in... More