Roadrunner Transportation Systems Earnings: Everything You Must Know Now
Roadrunner Transportation Systems (NYSE:RRTS) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Roadrunner Transportation Systems Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 18.75% to $0.38 in the quarter versus EPS of $0.32 in the year-earlier quarter.
Revenue: Rose 26.41% to $331.9 million from the year-earlier quarter.
Actual vs. Wall St. Expectations: Roadrunner Transportation Systems reported adjusted EPS income of $0.38 per share. By that measure, the company beat the mean analyst estimate of $0.37. It beat the average revenue estimate of $101.43 million.
Quoting Management: Mark DiBlasi, President and CEO of Roadrunner, said, “Strong performance across all of our business segments generated second quarter revenue growth of 26.4% and net revenue growth of 35.6%. Due to sales and operational initiatives, our operating income growth of 31.4% outpaced revenue. Our operating ratio improved 30 basis points to 92.6%, compared to 92.9% in the second quarter of 2012.”
Key Stats (on next page)…