TravelCenters of America LLC (TA) reported quarterly earnings results on Monday, Aug-8-2016. The company reported $0.09 earnings per share for the quarter, missing the analyst consensus estimate by $-0.10. Analysts had a consensus of $0.19. The company posted revenue of $1445.10 million in the period, compared to analysts expectations of $1446.73 million. The company’s revenue was down -8.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.10 EPS.
TravelCenters of America LLC opened for trading at $8.3 and hit $8.45 on the upside on Friday, eventually ending the session at $8.4, with a gain of 1.57% or 0.13 points. The heightened volatility saw the trading volume jump to 1,36,386 shares. Company has a market cap of $326 M.
In a different news, on May 13, 2016, Mark R Young (Exec. VP and General Counsel) sold 30,000 shares at $7.19 per share price. According to the SEC, on May 13, 2016, Barry A. Richards (Executive Vice President) sold 53,309 shares at $7.13 per share price. On Aug 26, 2015, Andrew J Rebholz (Exec. VP, CFO and Treasurer) sold 8,000 shares at $12.47 per share price, according to the Form-4 filing with the securities and exchange commission.
TravelCenters of America LLC (TravelCenters) operates and franchises approximately 284 travel centers and gasoline station/convenience store locations. The Company offers a range of products and services including diesel fuel and gasoline truck repair and maintenance services restaurants over 35 different brands of quick service restaurants (QSRs) travel/convenience stores and various driver amenities. The Company’s business includes 406 convenience stores which are located at travel centers in 43 states in the United States and the province of Ontario Canada. The Company’s locations offer a range of products and services including fuel diesel exhaust fluid restaurants and QSRs truck service travel stores and additional driver Services. The Company’s customers include trucking fleets and their drivers independent truck drivers and motorists. The Company also operates around 36 convenience stores under the Minit Mart brand located across Missouri and Kansas.