Increased fuel surcharges should ensure a strong revenue quarter in Q3. Probably higher than the record revenues in Q2. Not sure what to expect from margins. Hopefully Q2 was not the beginning of a trend, and margins will return to levels seen in Q4 and Q1. Katrina may also have a negative impact. YELL warned, too. But there's not a lot baked into USOO at these prices IMO.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.