trending Market Intelligence /marketintelligence/en/news-insights/trending/ETBzQZ_71XNnetN8xXM0mA2 content esgSubNav
In This List

TravelCenters of America Q3 profit falls YOY

Podcast

Next in Tech | Episode 66: Connected vehicles in transition

Blog

Gold - Geopolitical tensions and inflation remain key drivers

Blog

Lithium and Cobalt - Softer demand weighs on prices

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten


TravelCenters of America Q3 profit falls YOY

TravelCenters of America LLC said its third-quarter normalized net income came to 29 cents per share, compared with the S&P Capital IQ consensus estimate of 34 cents per share.

EPS declined year over year from 30 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $10.8 million, a decrease from $11.1 million in the prior-year period.

The normalized profit margin increased to 0.7% from 0.7% in the year-earlier period.

Total revenue fell on an annual basis to $1.48 billion from $1.51 billion, and total operating expenses fell from the prior-year period to $1.45 billion from $1.49 billion.

Reported net income rose 11.1% on an annual basis to $10.4 million, or 28 cents per share, from $9.3 million, or 26 cents per share.