TravelCenters of America LLC (NYSE:TA) will post its quarterly earnings results before the market opens on Monday, November 6th. Analysts expect TravelCenters of America to post earnings of $0.22 per share for the quarter.
TravelCenters of America (NYSE:TA) last issued its earnings results on Tuesday, August 8th. The specialty retailer reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.04 by ($0.01). The firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.55 billion. TravelCenters of America had a negative return on equity of 2.19% and a negative net margin of 0.20%. The business’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.09 EPS. On average, analysts expect TravelCenters of America to post $-0.69 EPS for the current fiscal year and $0.04 EPS for the next fiscal year.
TravelCenters of America LLC (TA) opened at 4.80 on Monday. TravelCenters of America LLC has a 52 week low of $2.95 and a 52 week high of $7.75. The firm’s market cap is $189.87 million. The company’s 50 day moving average is $4.57 and its 200-day moving average is $4.31.
Several equities research analysts have recently weighed in on the stock. Zacks Investment Research raised shares of TravelCenters of America from a “sell” rating to a “buy” rating and set a $6.00 target price for the company in a research report on Wednesday, October 11th. FBR & Co reissued a “buy” rating and issued a $10.00 target price (up previously from $9.00) on shares of TravelCenters of America in a research report on Tuesday, September 12th. Finally, Citigroup Inc. downgraded shares of TravelCenters of America from a “buy” rating to a “sell” rating and set a $4.50 target price for the company. in a research report on Wednesday, October 11th. Two equities research analysts have rated the stock with a sell rating and two have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $6.83.
An institutional investor recently raised its position in TravelCenters of America stock. State Street Corp raised its stake in TravelCenters of America LLC (NYSE:TA) by 29.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 41,685 shares of the specialty retailer’s stock after purchasing an additional 9,506 shares during the period. State Street Corp owned 0.11% of TravelCenters of America worth $171,000 as of its most recent SEC filing.
TravelCenters of America Company Profile
TravelCenters of America LLC (TravelCenters) operates and franchises travel centers and convenience store and restaurant locations. The Company’s segments include travel centers, convenience stores, and corporate and other. The Company offers a range of products and services, including diesel fuel and gasoline, as well as nonfuel products and services, such as truck repair and maintenance services, full service restaurants, quick service restaurants (QSRs), travel/convenience stores and various customer amenities.
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