Question · Q3 2025
Kenneth Hoexter sought clarification on the adjusted EPS calculation, specifically why certain charges were not excluded, and asked for a clearer message regarding Q4 seasonal demand, given mixed signals about requests versus actual volume build.
Answer
CEO Adam Miller clarified that the $0.10 impact from third-party insurance and U.S. Xpress settlements was not adjusted out to maintain historical reporting consistency. He explained that Q4 guidance includes already-awarded peak projects, but does not factor in a broad seasonal demand build or potential unexpected projects, similar to what occurred last year.