USA Truck Inc. rode a robust freight and pricing market to revenue of $200.9 million and earnings per share of $1.38 during the fourth quarter, 60 cents better than the consensus estimate and 100% higher year-over-year.
It was the sixth consecutive quarter of record adjusted earnings per share, said President and CEO James Reed.
“The fourth quarter and full-year 2021 represent our highest total revenue and adjusted earnings per share in the company’s history,” Reed said in a statement. “During the fourth quarter, continued execution on our strategic initiatives, operational strategy, and a strong freight and pricing market resulted in a trucking segment adjusted operating ratio improvement of 440 basis points year-over-year to 88.7%.”
