Roadrunner Transportation Systems (RRTS) to Release Earnings on Wednesday
Roadrunner Transportation Systems (NASDAQ:RRTS) is scheduled to be posting its Q114 quarterly earnings results on Wednesday, April 30th. Analysts expect Roadrunner Transportation Systems to post earnings of $0.26 per share and revenue of $363.20 million for the quarter. Roadrunner Transportation Systems has set its Q1 guidance at $0.27-0.30 EPS.Individual interested in registering for the company’s earnings conference call can do so using this link.
Roadrunner Transportation Systems (NASDAQ:RRTS) last announced its earnings results on Wednesday, February 5th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by $0.03. The company had revenue of $367.00 million for the quarter, compared to the consensus estimate of $110.37 million. During the same quarter in the previous year, the company posted $0.29 earnings per share. The company’s revenue for the quarter was up 24.4% on a year-over-year basis. On average, analysts expect Roadrunner Transportation Systems to post $1.49 EPS for the current fiscal year and $1.81 EPS for the next fiscal year.
Shares of Roadrunner Transportation Systems (NASDAQ:RRTS) opened at 24.48 on Tuesday. Roadrunner Transportation Systems has a 1-year low of $21.17 and a 1-year high of $30.98. The stock’s 50-day moving average is $24.87 and its 200-day moving average is $25.62. The company has a market cap of $925.4 million and a P/E ratio of 18.95.
Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus cut their price target on shares of Roadrunner Transportation Systems from $31.00 to $29.00 in a research note on Thursday, February 6th. They now have a “buy” rating on the stock. On the ratings front, analysts at Raymond James downgraded shares of Roadrunner Transportation Systems from a “strong-buy” rating to a “market perform” rating in a research note on Thursday, February 6th. They now have a $39.00 price target on the stock. Finally, analysts at Zacks upgraded shares of Roadrunner Transportation Systems from an “underperform” rating to a “neutral” rating in a research note on Wednesday, January 29th. They now have a $27.20 price target on the stock. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $32.55.
Roadrunner Transportation Systems, Inc (NASDAQ:RRTS) is a transportation and logistics service provider offering a full suite of solutions, including customized and expedited less-than-truckload, truckload and logistics, transportation management solutions, intermodal solutions, and domestic and international air.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.