Roadrunner Transportation Systems (NYSE: RRTS ) reported earnings on May 1. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended March 31 (Q1), Roadrunner Transportation Systems beat slightly on revenues and beat expectations on earnings per share.
Compared to the prior-year quarter, revenue expanded significantly. GAAP earnings per share expanded significantly.
Margins expanded across the board.
Revenue details
Roadrunner Transportation Systems chalked up revenue of $299.4 million. The five analysts polled by S&P Capital IQ anticipated a top line of $293.9 million on the same basis. GAAP reported sales were 27% higher than the prior-year quarter's $236.6 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
EPS came in at $0.29. The seven earnings estimates compiled by S&P Capital IQ forecast $0.28 per share. GAAP EPS of $0.29 for Q1 were 16% higher than the prior-year quarter's $0.25 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Margin details
For the quarter, gross margin was 19.4%, 130 basis points better than the prior-year quarter. Operating margin was 6.4%, 20 basis points better than the prior-year quarter. Net margin was 3.5%, 10 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)
Looking ahead
Next quarter's average estimate for revenue is $320.6 million. On the bottom line, the average EPS estimate is $0.37.
Next year's average estimate for revenue is $1.28 billion. The average EPS estimate is $1.41.
Investor sentiment
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 39 members out of 39 rating the stock outperform, and members rating it underperform. Among 16 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 16 give Roadrunner Transportation Systems a green thumbs-up, and 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 $26.00.
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