|Bid||0.0000 x 900|
|Ask||0.0000 x 900|
|Day's Range||3.5200 - 3.7000|
|52 Week Range||1.4640 - 5.6500|
|Beta (5Y Monthly)||1.73|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 11, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||4.75|
Appearing at a pair of investor conferences this week, Daseke's (NASDAQ: DSKE) management team provided an update on its operational restructuring. Daseke's new CEO, Chris Easter, was enthusiastic about the progress the company has made on the first phase of cost-savings initiatives, which have only been in place a couple of months. Easter was named permanent CEO on Monday after filling the role for six months on an interim basis.
Chris Easter is moving from the role of interim CEO to permanent CEO, the company's board of directors announced. The board will increase from eight to nine members with Easter's addition as the announcement concludes the company's six-month search for a chief executive. Easter started at Addison-based Daseke Inc. (Nasdaq: DSKE) as chief operating officer in January 2019 before moving to the role of interim CEO in August 2019 after the retirement of Don Daseke, the company's founder and former chairman and CEO.
After six months of searching, Daseke (NASDAQ: DSKE) didn't need to go far to find its new CEO, naming Chris Easter, the acting CEO, to the position permanently. Easter took over on an interim basis following the abrupt retirement of founder Don Daseke in August. The board of directors made the decision Friday.
In addition to his role as CEO, Chris Easter has also become a member of the Board of Directors. Chris’ deep industry knowledge and leadership skills have been apparent to everyone at Daseke since he joined us as COO in January of 2019.
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The nation's largest flatbed carrier, Daseke Inc. (NASDAQ: DSKE), announced preliminary results for fourth-quarter and full-year 2019. The company reported that it expects fourth-quarter revenue of $400 million to $403 million compared to the current consensus estimate of $389 million. Further, the company now expects a fourth-quarter net loss of only $6 million to $2 million, a loss of roughly $0.09 to $0.03 per share, significantly lower than the current consensus estimate calling for a $0.23 per share loss.
Strong execution and performance against the ongoing Operational/Cost Improvement Plan expected to deliver 2019 results at the high end of the Company’s prior outlook Company.
Hedge funds are known to underperform the bull markets but that's not because they are bad at investing. Truth be told, most hedge fund managers and other smaller players within this industry are very smart and skilled investors. Of course, they may also make wrong bets in some instances, but no one knows what the […]
For many years, flatbed and specialized carriers looking to sell hoped that Daseke (NASDAQ: DSKE) would come calling. The Addison, Texas-based company grew quickly from its founding in 2009 by Don Daseke. Over a 10-year period, Daseke grew from $30 million in revenue to $1.6 billion by 2018, mostly through acquisitions.
Calgary, Alberta--(Newsfile Corp. - November 12, 2019) - 2111943 Alberta Ltd. (the "Aveda Nominee") wishes to provide an update to the former shareholders of Aveda Transportation and Energy Services Inc. (TSXV: AVE) ("Aveda") in relation to the current status of the potential contingent consideration payable to persons who held common shares of Aveda as of June 6, 2018, being the date that Aveda was indirectly acquired by Daseke, Inc. (NASDAQ: DSKE) (NASDAQ: DSKEW) ("Daseke") ...
The largest flatbed, specialized transportation and logistics solutions company in North America, Daseke, Inc. (NASDAQ: DSKE), reported a third quarter 2019 net loss of $273 million stemming from $307 million in impairment charges and $14 million in restructuring costs related to the company's operational reorganization efforts. "We took decisive actions to drive immediate operational changes across the company during the third quarter. In its second quarter 2019 earnings release, the company outlined operational changes initially planned to generate $20 to $25 million in operating income by fiscal 2021.
Hennessy Capital Acquisition Corp. II (DSKE) delivered earnings and revenue surprises of 394.12% and 5.69%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
ADDISON, Texas, Nov. 12, 2019 -- Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), the largest flatbed, specialized transportation and logistics solutions company in.
Hennessy Capital Acquisition Corp. II (DSKE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Daseke Companies, Inc. New York, October 30, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Daseke Companies, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Moody's Investors Service ("Moody's") downgraded the ratings of open deck truck carrier Daseke Companies, Inc. ("Daseke"), including the corporate family rating ("CFR") to B2 from B1, the probability of default rating to B2-PD from B1-PD and the senior secured rating to B2 from B1. Moody's expects EBITA margins of only 1.7% in 2019.
Daseke, Inc. (DSKE) (or the “Company”), the largest flatbed, specialized transportation and logistics solutions company in North America, today announced that it plans to report results for its fiscal third quarter ended September 30, 2019 on November 12, 2019. A conference call to discuss the financial and operational results is scheduled for November 12, 2019 at 11:00 AM ET. Daseke, Inc. is the largest flatbed and specialized transportation and logistics company in North America.
Taking the occasional loss comes part and parcel with investing on the stock market. And there's no doubt that Daseke...
Daseke, Inc. (DSKE) (“Daseke” or the “Company”), the largest flatbed, specialized transportation and logistics solutions company in North America, today announced the voluntary resignation of two board members, Ron Gafford and Mark Sinclair, effective September 5, 2019.
Daseke, Inc. (NASDAQ: DSKE) has implemented a series of restructuring initiatives thus far in 2019 to trim expenses and improve efficiency throughout its network of acquired flatbed companies. On August 15, 2019, Daseke's Chairman and Chief Executive Officer Don Daseke announced his retirement. Chris Easter, who filled the company's newly created Chief Operating Officer position in January, assumed the helm as interim Chief Executive Officer upon Daseke's departure.
Daseke, Inc. (DSKE) (“Daseke” or the “Company”), the largest flatbed, specialized transportation and logistics solutions company in North America, today announced a comprehensive restructuring plan designed to reduce its cost base, right size its organization and management team, and increase and accelerate its previously announced operational improvement goals. In August, the Company outlined an operational/cost improvement plan to deliver between $20 million to $25 million in annual operating income improvement by fiscal year 2021. Today the Company announced a number of new initiatives expected to accelerate and expand those actions.