For the fourth quarter Roadrunner posted earnings of 29 cents a share. Capital IQ Consensus Estimate called for earnings of 32 cents a share for the quarter, which the company missed by 3 cents. Roadrunner reported earnings of $337 million for the quarter that ended in December. Analysts estimated revenue of $110.4 million for the quarter.
Looking to the first quarter, Roadrunner expects earnings between 27 cents and 30 cents a share, compared to analyst estimates of 33 cents a share.
Following the earnings report analyst firm Raymond James downgraded Roadrunner to "market perform" from its previous "strong buy."
TheStreet Ratings team rates ROADRUNNER TRANS SVCS HLDGS as a Buy with a ratings score of A. TheStreet Ratings Team has this to say about their recommendation:
"We rate ROADRUNNER TRANS SVCS HLDGS (RRTS) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, growth in earnings per share, compelling growth in net income and good cash flow from operations. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity."