Rush Enterprises, Inc. (NASDAQ:RUSHA) an integrated retailer of commercial vehicles and related services, is reporting third quarter earnings results on Wednesday 21st October 2020, after market close.
The consensus estimates from Thomson Reuters are income of $ 0.32 per share.
For the full year, analysts predict revenues of $ 4395.05 million, while looking forward to income of $ 1.36 per share.
Previous Quarter Performance
Rush Enterprises, Inc. outlined income for the second quarter of $ 0.46 per share, from the revenue of $ 1,003.00 million. Wall street analysts are predicting, RUSHA to report 2Q20 loss of $ 0.06 per share from revenue of $ 930.70 million. The top line results outshined analysts by $ 72.30 million or 7.77 percent.
Stock Performance
Shares of Rush Enterprises, Inc. traded low $ -0.21 or -0.56 percent on Tuesday, reaching $ 36.17 with volume of 119.50 thousand shares. Rush Enterprises, Inc. has traded high as $ 37.17 and has cracked $ 35.81 on the downward trend
The closing price of $ 36.17, representing a 100.17 % increase from the 52 week low of $ 18.17 and a 5.53 % decrease over the 52 week high of $ 38.50.
The company has a market capital of $ 1.93 billion and is part of the Consumer Cyclical sector and Auto & Truck Dealerships industry.
Conference Call
Rush Enterprises, Inc. will be hosting a conference call at 10:00 AM eastern time on 22nd October 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.rushenterprises.com
Rush Enterprises, Inc., through its subsidiaries, operates as an integrated retailer of commercial vehicles and related services in the United States. The company operates a network of commercial vehicle dealerships under the Rush Truck Centers name. Its Rush Truck Centers primarily sell commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, Mitsubishi Fuso, IC Bus, or Blue Bird; provides new and used commercial vehicles, and aftermarket parts, as well as service and repair, financing, and leasing and rental services; and offers property and casualty insurance, including collision and liability insurance on commercial vehicles, cargo insurance, and credit life insurance to its commercial vehicle customers.
