Shares of flatbed and specialized transportation and logistics company Daseke, Inc. (DSKE) are up more than 12% Tuesday morning after reporting better-than-expected second-quarter results.
The company also raised its full-year revenue outlook to $1.5 billion -$1.6 billion, up 6.9% from previous range. Analysts polled by Thomson Reuters expect the company to report revenue of $1.45 billion.
Net income in the second quarter increased to $35.3 million, or $0.49 per share from $1.6 million or breakeven per share in last year's second quarter
Excluding items, earnings were $0.42 per share, that beat the average estimate of analysts at $0.09 per share.
Revenue for the quarter increased to $404 million from $351.7 million a year ago. The consensus estimate was for $369.45 million.
DSKE, currently at $7.98, has been trading in the range of $4.05- $9 in the past 52 weeks.
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.