Analysts Optimistic About USA Truck, Note Concerns With ArcBest

USA Truck has an “attractive” future, while ArcBest is doing well but could have cost structure problems, according to Brad Delco, equity analyst for Little Rock-based Stephens Inc., and Associate Analyst Scott Schoenhaus.

The analysts issued investor notes on Van Buren-based USA Truck and Fort Smith-based ArcBest following the companies’ recent second quarter earnings reports.

The second quarter of 2018 marked the fourth consecutive quarter of being in the black for USA Truck, the company reported July 26. Second quarter income was $2.544 million, much better than the $2.846 million loss in the same quarter of 2017. Earnings per share of 31 cents beat the consensus estimate of 28 cents. Revenue during the quarter was $135.381 million, up 26.1% compared to the $107.358 million in the same quarter of 2017.    MORE

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