Roadrunner Transportation Systems Inc (RRTS) reported quarterly earnings results on Wednesday, May-4-2016. The company reported $0.13 earnings per share for the quarter, missing the analyst consensus estimate by $-0.10. Analysts had a consensus of $0.23. The company posted revenue of $465.60 million in the period, compared to analysts expectations of $470.55 million. The company’s revenue was down -4.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.35 EPS.
Many Wall Street Analysts have commented on Roadrunner Transportation Systems Inc. Stifel Upgraded Roadrunner Transportation Systems Inc on Feb 16, 2016 to ” Buy”, Price Target of the shares are set at $17.
Roadrunner Transportation Systems Inc closed down -0.37 points or -3.13% at $11.45 with 3,65,029 shares getting traded on Monday. Post opening the session at $11.96, the shares hit an intraday low of $11.34 and an intraday high of $11.96 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.
In a different news, on Feb 12, 2016, Peter R. Armbruster (CFO) purchased 5,000 shares at $10.46 per share price. According to the SEC, on Feb 12, 2016, Judith A. Vijums (VP and Asst. Secretary) purchased 5,000 shares at $10.03 per share price. On Feb 12, 2016, Mark A. Diblasi (CEO) purchased 10,000 shares at $10.43 per share price, according to the Form-4 filing with the securities and exchange commission.
Roadrunner Transportation Systems Inc. (RRTS) is an asset-light transportation and logistics service provider offering a suite of solutions including truckload logistics customized and expedited less-than-truckload transportation management solutions intermodal solutions (transporting a shipment by more than one mode primarily via rail and truck) freight consolidation inventory management on-demand expedited services international freight forwarding customs brokerage and global supply chain solutions. The Company operates in three segments: Truckload Logistics which offers temperature-controlled dry van intermodal drayage and flatbed services; Less-than-Truckload which involves the pickup consolidation linehaul deconsolidation and delivery of LTL shipments and Transportation Management Solutions which offers a one-stop domestic and international transportation and logistics solution.