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Rush Enterprises A (RUSHA)
:RUSHA
Earnings Data
Report Date
Apr 29, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
0.73Last Year’s EPS
0.88Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 18, 2025
|% Change Since: -8.91%
|Next Earnings Date:Apr 29, 2025
Earnings Call Sentiment|Neutral
Rush Enterprises faced a challenging year in 2024 with significant declines in Class 8 truck sales and aftermarket revenues amid economic and regulatory uncertainties. However, they achieved strong financial performance with notable success in medium-duty truck sales and maintained stability in leasing revenue, demonstrating resilience and strategic execution.Company Guidance
During the fourth quarter 2024 earnings call for Rush Enterprises, Rusty Rush, the Chairman and CEO, provided detailed guidance on various metrics and market conditions for 2025. The company reported $7.8 billion in annual revenues and a net income of $304.2 million for 2024, with fourth-quarter revenues of $2 billion and a net income of $74.7 million. Despite challenges such as a freight recession, high interest rates, and economic uncertainty impacting Class 8 truck sales, Rush Enterprises maintained a strong position in the public sector and vocational markets. The company sold 15,465 new Class 8 trucks and 13,935 Class 4 through 7 trucks in 2024, representing 6.1% and 5.3% of the U.S. market, respectively. The used truck market remained flat, with 7,110 units sold, while leasing and rental revenue was slightly up at $354.9 million. For 2025, Rush anticipates a soft start for aftermarket demand with an expected ramp-up in the second half of the year as the freight market improves. The company also plans to expand its technician workforce to enhance service delivery. Potential tariffs on vehicles and components from Canada, Mexico, or China could impact vehicle and parts pricing, influencing demand. Despite uncertainties around emissions regulations and tariffs, Rush remains optimistic about pre-buy activities and vocational sales driving growth in 2025.Annual Revenue Achievement
Rush Enterprises reported $7.8 billion in annual revenues for 2024 with a net income of $304.2 million, marking a significant financial achievement despite industry challenges.
Strong Medium-Duty Truck Sales
Class 4 through 7 new truck sales were up 5.1% year-over-year, with 13,935 units sold in 2024. This performance outpaced the market in medium-duty truck sales.
Aftermarket Sales Strategy Success
Despite a slight decline in aftermarket revenues, Rush Enterprises grew its market share by expanding its national account sales force, enhancing service to large strategic accounts.
Leasing Revenue Stability
The Rush Truck Leasing division remained a key contributor, with leasing and rental revenue being flat compared to the previous year but with increased leasing revenue as 1,500 units were replaced.
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RUSHA Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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RUSHA Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 18, 2025 | $61.17 | $61.99 | +1.34% |
| Oct 29, 2024 | $54.72 | $58.18 | +6.32% |
| Jul 31, 2024 | $50.68 | $54.50 | +7.54% |
| Apr 23, 2024 | $48.73 | $45.97 | -5.66% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Rush Enterprises A (RUSHA) report earnings?
Rush Enterprises A (RUSHA) is schdueled to report earning on Apr 29, 2025, TBA Not Confirmed.
What is Rush Enterprises A (RUSHA) earnings time?
Rush Enterprises A (RUSHA) earnings time is at Apr 29, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is RUSHA EPS forecast?
RUSHA EPS forecast for the fiscal quarter 2025 (Q1) is 0.73.
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