RUSHA Stock Recent News

Rush Enterprises, Inc. (NASDAQ:RUSHA ) Q3 2023 Earnings Conference Call October 25, 2023 10:00 AM ET Company Participants Rusty Rush - Chairman, President & Chief Executive Officer Steve Keller - Chief Financial Officer Conference Call Participants Andrew Obin - Bank of America Justin Long - Stephens Operator Good day, and thank you for standing by. Welcome to the Rush Enterprises, Incorporated.

SAN ANTONIO, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc., (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America, will host a conference call to discuss earnings for the third quarter of 2023 on Wednesday, October 25, 2023 at 10:00 a.m. Eastern/9:00 a.m. Central. Earnings will be reported after the close of market on Tuesday, October 24, 2023.

Rush Enterprises is a retailer of commercial vehicles and related services with strong financial performance. The company experienced growth in revenue volumes from national accounts and pent-up demand for trucks. Despite challenges in the over-the-road sector, Rush Enterprises expects moderate aftermarket growth and continued strength in truck sales.

Rush Enterprises (RUSHA) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Rush Enterprises (RUSHA) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

SAN ANTONIO, Texas, July 12, 2023 (GLOBE NEWSWIRE) -- Rush Enterprises, Inc., (NASDAQ: RUSHA & RUSHB), which operates the largest network of commercial vehicle dealerships in North America will host a conference call to discuss earnings for the second quarter of 2023 on Wednesday, July 26, 2023 at 10:00 a.m. Eastern/9:00 a.m. Central. Earnings will be reported after the close of market on Tuesday, July 25, 2023.

Despite high inflation and interest rates, Rush Enterprises, a company focused on the sale of commercial vehicles, has outperformed the broader market due to strong revenue and cash flow data. Rush Enterprises' Q1 2023 revenue increased by 22.3% to $1.91 billion, driven by a 28.6% surge in new vehicle units sold. Despite a decline in net income, other profitability metrics improved, with operating cash flow nearly tripling and EBITDA growing.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

The average of price targets set by Wall Street analysts indicates a potential upside of 37.3% in Rush Enterprises (RUSHA). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.