Roadrunner Transportation Systems
The 10-second takeaway
For the quarter ended June 30 (Q2), Roadrunner Transportation Systems met expectations on revenues and met expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly and GAAP earnings per share expanded significantly.
Margins improved across the board.
Roadrunner Transportation Systems reported revenue of $262.5 million. The seven analysts polled by S&P Capital IQ looked for revenue of $264.3 million on the same basis. GAAP reported sales were 26% higher than the prior-year quarter's $208.3 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS came in at $0.32. The seven earnings estimates compiled by S&P Capital IQ averaged $0.32 per share. GAAP EPS of $0.32 for Q2 were 33% higher than the prior-year quarter's $0.24 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the quarter, gross margin was 18.2%, 310 basis points better than the prior-year quarter. Operating margin was 7.1%, 110 basis points better than the prior-year quarter. Net margin was 3.9%, 30 basis points better than the prior-year quarter.
Next quarter's average estimate for revenue is $272.5 million. On the bottom line, the average EPS estimate is $0.33.
Next year's average estimate for revenue is $1.04 billion. The average EPS estimate is $1.22.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 26 members out of 26 rating the stock outperform, and members rating it underperform. Among 12 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 12 give Roadrunner Transportation Systems a green thumbs-up, and none give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Roadrunner Transportation Systems is buy, with an average price target of $22.57.
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