TravelCenters of America LLC (NASDAQ:TA) is set to announce third quarter earning results on Wednesday 4th November 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, TA to report 3Q20 income of $ 0.25 per share.
For the full year, analysts anticipate top line of $ 4902.58 million, while looking forward to loss of $ 1.45 per share bottom line.
Previous Quarter Performance
TravelCenters of America LLC unfold income for the second quarter of $ 0.59 per share, from the revenue of $ 986.10 million. The quarterly earnings expanded 293.33 percent while revenues down 38.27 percent compared with the same quarter last year.
Street analysts expected TravelCenters of America LLC to report income of $ 0.68 per share on revenue of $ 913.02 million for the second quarter. The bottom line results missed street analysts by $ 0.09 or 13.24 percent, at the same time, top line results outshined analysts by $ 73.08 million or 8.00 percent.
Stock Performance
Shares of TravelCenters of America LLC traded up $ 1.84 or 7.92 percent on Tuesday, reaching $ 25.06 with volume of 229.10 thousand shares. TravelCenters of America LLC has traded high as $ 25.31 and has cracked $ 23.54 on the downward trend
According to the previous trading day, closing price of $ 25.06, representing a 321.42 % increase from the 52 week low of $ 5.51 and a 18.15 % decrease over the 52 week high of $ 28.37.
The company has a market capital of $ 360.80 million and is part of the Consumer Cyclical sector and Specialty Retail industry.
Conference Call
TravelCenters of America LLC will be hosting a conference call at 10:00 AM eastern time on 4th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.ta-petro.com
TravelCenters of America LLC operates travel centers and standalone restaurants in the United States and Canada. Its travel centers offer a range of products and services, including diesel fuel and gasoline, as well as nonfuel products and services, such as parking, truck repair and maintenance services, full service restaurants, quick service restaurants, and various customer amenities. As of December 31, 2018, it operated 258 travel centers and under the TravelCenters of America, TA, TA Express, Petro Stopping Centers, and Petro brand names; and 43 standalone restaurants under the Quaker Steak & Lube brand name.
