EarningsQ324 EPS fell below expectations, with a diluted net loss from continuing operations of $2.62 per share, which was significantly below both analyst estimates and consensus.
Financial PerformanceCore trends remain noisy and mixed as incremental improvement in profitability at Omni was offset by weaker trends at Expedited Freight.
Market ConditionsThe trajectory for improvement is unlikely to be linear, and further weakening in macro conditions represents a clear risk.