Roadrunner Transportation Systems, Inc. announced unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company reported revenues of $299,380,000 against $236,574,000 a year ago. Operating income was $19,137,000 against $14,640,000 a year ago. Income before provision for income taxes was $17,262,000 against $12,793,000 a year ago. Net income available to common stockholders was $10,582,000 or $0.29 per diluted share against $7,931,000 or $0.25 per diluted share a year ago. The impact on diluted income per share from Roadrunner's December 2012 stock offering of 3.9 million shares was $0.03 per share. Excluding the impact of the December 2012 stock offering, Roadrunner's diluted income per share would have increased $0.07 per share over the first quarter 2012, an increase of 28.0%. Capital expenditure was $8 million. The company provided earnings guidance for the second quarter of 2013. For the period, the company anticipates revenues to be in the range of $315 million to $340 million, representing an increase of 20% to 30% from the second quarter of 2012. Further, the company expects diluted income per share available to common stockholders to be between $0.35 and $0.38, compared to diluted income per share available to common stockholders of $0.32 in the prior year quarter. The company’s diluted per share guidance represents an increase of 9% to 19%, from the second quarter of 2012 diluted income per share of $0.32. The impact on diluted income per share from December 2012 stock offering of 3.9 million shares will be approximately $0.04 between years. Excluding the impact of the December 2012 stock offering, guidance would have increased $0.07 to $0.10 per share over the second quarter 2012, an increase of 22% to 31%. The company expects $10 million of net CapEx in the second quarter through fourth quarter of 2013. The company expects effective tax rate to be at 38.7% for the remainder of this year.

Roadrunner Transportation Systems, Inc., Annual General Meeting, May 21, 2013., at 13:00 Central Standard Time. Location: Hilton Garden Inn. Agenda: To elect three Class III directors to serve until the 2016 annual meeting of stockholders or until their successors are duly elected and qualified; to ratify the appointment of Deloitte & Touche LLP as its independent registered public accounting firm for its fiscal year ending December 31, 2013; and to transact such other business that may properly come before the meeting or any adjournment or postponement thereof.

Roadrunner Transportation Systems, Inc., Q1 2013 Earnings Call, May 01, 2013