Equities research analysts expect that TravelCenters of America LLC (NASDAQ:TA) will post $0.17 earnings per share for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for TravelCenters of America’s earnings, with estimates ranging from $0.16 to $0.18. TravelCenters of America posted earnings per share of ($0.05) in the same quarter last year, which would suggest a positive year-over-year growth rate of 440%. The company is scheduled to announce its next quarterly earnings report before the market opens on Monday, August 5th.

On average, analysts expect that TravelCenters of America will report full year earnings of ($0.14) per share for the current fiscal year. For the next year, analysts expect that the firm will post earnings of $0.03 per share, with EPS estimates ranging from ($0.08) to $0.13. Zacks’ earnings per share averages are an average based on a survey of research firms that follow TravelCenters of America.

TravelCenters of America (NASDAQ:TA) last issued its quarterly earnings results on Tuesday, May 7th. The specialty retailer reported ($0.36) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.42) by $0.06. TravelCenters of America had a negative return on equity of 4.51% and a negative net margin of 1.91%. The business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.47 billion. During the same quarter in the previous year, the company posted ($0.55) earnings per share. TravelCenters of America’s revenue for the quarter was up .9% compared to the same quarter last year.

TA has been the topic of a number of recent research reports. B. Riley set a $71.00 target price on Brunswick and gave the company a “buy” rating in a research note on Monday, June 17th. ValuEngine downgraded Whiting USA Trust II from a “hold” rating to a “sell” rating in a research note on Tuesday, May 7th. Finally, Zacks Investment Research downgraded Farmers & Merchants Bancorp, Inc. (OH) from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 9th.

In other TravelCenters of America news, VP Mark R. Young sold 101,010 shares of the business’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $3.68, for a total value of $371,716.80. Following the completion of the sale, the vice president now owns 181,988 shares of the company’s stock, valued at $669,715.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, COO Barry A. Richards sold 37,000 shares of the business’s stock in a transaction dated Thursday, May 9th. The stock was sold at an average price of $3.87, for a total value of $143,190.00. Following the completion of the sale, the chief operating officer now directly owns 215,235 shares of the company’s stock, valued at approximately $832,959.45. The disclosure for this sale can be found here. Insiders own 8.40% of the company’s stock.

Large investors have recently made changes to their positions in the business. Wedge Capital Management L L P NC lifted its position in shares of TravelCenters of America by 21.6% in the first quarter. Wedge Capital Management L L P NC now owns 94,335 shares of the specialty retailer’s stock worth $388,000 after buying an additional 16,732 shares during the last quarter. Wealth & Pension Services Group Inc. acquired a new position in shares of TravelCenters of America during the 1st quarter worth about $54,000. Strategic Financial Services Inc acquired a new position in shares of TravelCenters of America during the 1st quarter worth about $97,000. Dimensional Fund Advisors LP lifted its position in shares of TravelCenters of America by 12.5% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,568,181 shares of the specialty retailer’s stock worth $5,896,000 after purchasing an additional 173,738 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of TravelCenters of America by 22.8% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 48,873 shares of the specialty retailer’s stock worth $184,000 after purchasing an additional 9,067 shares during the last quarter. 34.04% of the stock is owned by institutional investors.

Shares of TA stock traded down $0.07 on Tuesday, reaching $3.49. 48,407 shares of the company’s stock traded hands, compared to its average volume of 50,811. The company has a 50 day moving average of $3.60. The company has a current ratio of 0.90, a quick ratio of 0.45 and a debt-to-equity ratio of 4.27. TravelCenters of America has a 12-month low of $3.35 and a 12-month high of $6.10.

About TravelCenters of America

TravelCenters of America LLC operates travel centers and standalone restaurants in the United States and Canada. Its travel centers offer a range of products and services, including diesel fuel and gasoline, as well as nonfuel products and services, such as parking, truck repair and maintenance services, full service restaurants, quick service restaurants, and various customer amenities.

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Earnings History and Estimates for TravelCenters of America (NASDAQ:TA)

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