Daseke

Daseke, Inc. engages in the provision of transportation and logistics solutions. It operates through the Flatbed Solutions and Specialized Solutions segments. The Flatbed Solutions segment delivers its services through flatbed and retractable-sided transportation equipment to meet the needs of high-volume and time-sensitive shippers. The Specialized Solutions segment focuses on transportation and logistics solutions that include super heavy haul, high-value customized, over-dimensional, commercial glass and high-security cargo solutions. The company was founded by Don R. Daseke in November 2008 and is headquartered in Addison, TX.

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Earnings data Q1 2024

Daseke reports record revenue in 2022, eyes growth opportunities

Daseke's 2022 performance reflects financial strength, operational resilience, and strategic focus on growth and efficiency.
While facing challenges such as productivity declines and market softness, the company is well-positioned to capitalize on opportunities for growth and optimization.
With a commitment to reducing leverage, strategic acquisitions, and operational improvements, Daseke aims to navigate challenges and drive sustainable growth.

Daseke (DSKE) reports resilient Q1 performance amidst industry challenges

Daseke (DSKE) navigated Q1 2023 effectively, showcasing resilience and agility in the face of industry challenges. The company remains committed to driving shareholder value through operational excellence and balance sheet optimization. Despite inflationary pressures, Daseke is optimistic about future growth opportunities.

Daseke reports Q2 resilience amidst challenges, eyes growth opportunities

Daseke's Q2 2023 performance showed resilience in cash flow despite revenue declines in segments, with a focus on operational efficiency and strategic progress.
The company's strengths lie in balance sheet improvements, operational ratios, and post-acquisition integration efforts to drive financial stability and growth.
Challenges include industry headwinds, segment-specific issues, and uncertainties in future visibility, while opportunities exist in transformation initiatives and leadership continuity.

Daseke reports Q3 revenue decline, eyes growth in Mexico

Daseke's Q3 performance reflected revenue declines but highlighted operational improvements and financial prudence.
The company faces challenges in market conditions but is focused on leveraging opportunities for growth.
With a positive outlook, Daseke aims to drive profitability through strategic initiatives and balance sheet strengthening.
Expansion into new markets and business segments signals a proactive approach to future growth and diversification.

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ADDISON, Texas, Sept. 23, 2022 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), the premier North American transportation solutions specialist dedicated to servicing challenging industrial end-markets, announced today that it had accepted the resignation of Executive Vice President and Chief Financial Officer (“CFO”) Jason Bates, effective September 19, 2022. Mr. Bates stepped down at this time as a result of familial obligations that necessitated a move away from the Dallas-Ft. Worth metro area, where Daseke, Inc. is headquartered. Mr. Bates's resignation is not the result of any dispute or disagreement with the Company, including any matters relating to the Company's accounting practices or financial reporting.

Daseke Announces Chief Financial Officer Transition

Several months after Daseke expressed disappointment that one of the leading debt ratings agencies didn't increase its rating, the flatbed operator got its wish when another one did. When Moody's conducted a review of Daseke (NASDAQ: DSKE) earlier this year, it came out with a report that said the outlook on the company's debt was “stable,” which means conditions were not in place to suggest an upgrade or downgrade.

S&P upgrades flatbed operator Daseke's debt rating after Moody's holds the line

ADDISON, Texas, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), the premier North American transportation solutions specialist dedicated to servicing challenging industrial end-markets, announced today that senior management will participate in the Cowen Virtual Global Transportation & Sustainable Mobility Conference on Thursday September 8, 2022. Executive Vice President and Chief Financial Officer Jason Bates will join an industry executive panel session covering the current trucking landscape. He and Traci Graham, Vice President of Finance and Investor Relations Officer, will conduct group and one-on-one meetings with investors attending the conference.

Daseke to Participate in the Cowen 15th Annual Virtual Global Transportation & Sustainable Mobility Conference on September 8th

Industry veteran brings nearly four decades of specialized transportation and logistics experience to the board Industry veteran brings nearly four decades of specialized transportation and logistics experience to the board

Daseke Announces Appointment of Bruce Blaise to Board of Directors

Freight demand across industrial markets will continue growing throughout the year, keeping rates high and enabling flatbed truckload provider Daseke Inc. to continue generating more revenue and profit. “We continue to see strength in freight rates and have also flexed our asset light service offering to capture additional freight,” Daseke CFO Jason Bates told analysts on its second-quarter call Tuesday.

Daseke sees strong demand, solid rates outlook for rest of 2022

Daseke, Inc. (NASDAQ:DSKE ) Q2 2022 Earnings Conference Call August 2, 2022 11:00 AM ET Company Participants Traci Graham - Vice President of Finance and Investor Relations Jonathan Shepko - Chief Executive Officer Jason Bates - Chief Financial Officer Conference Call Participants Ryan Sigdahl - Craig-Hallum Jason Seidl - Cowen Bert Subin - Stifel Greg Gibas - Northland Capital Markets Operator Good morning, everyone, and thank you for participating in today's conference call to discuss Daseke's Financial Results for the Second Quarter ended June 30, 2022 as well as Daseke's 2022 Full Year Outlook. With us today are Jonathan Shepko, CEO and Board member; Jason Bates, Executive Vice President and CFO; and Traci Graham, Vice President of Finance and Investor Relations.

Daseke, Inc. (DSKE) CEO Jonathan Shepko on Q2 2022 Results - Earnings Call Transcript

Daseke (DSKE) delivered earnings and revenue surprises of -36.84% and 9.94%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Daseke (DSKE) Q2 Earnings Lag Estimates

Differentiated operational flexibility and demand-driven rate strength combine to deliver year-over-year improvements in the quarter; company raises full year revenue guidance Differentiated operational flexibility and demand-driven rate strength combine to deliver year-over-year improvements in the quarter; company raises full year revenue guidance

Daseke Reports Results for Second Quarter 2022

Daseke (DSKE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Can Daseke (DSKE) Keep the Earnings Surprise Streak Alive?

Daseke (DSKE) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.

Daseke (DSKE) Moves 14.3% Higher: Will This Strength Last?

Daseke, Inc. remains durable with its robust growth and operational efficiencies. Its stellar Balance Sheet allows it to sustain its operations and cover borrowings.

Daseke Continues To Drive A Sturdy Rebound Amidst Supply Chain Potholes

Open-deck freight is generally complex, time-sensitive and focused on less cyclical parts of the economy.

Daseke: Still Trucking But Different

ADDISON, Texas, July 15, 2022 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: 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 second quarter ended June 30, 2022 on Tuesday August 2nd. A conference call to discuss the financial and operational results is scheduled for August 2, 2022 at 11:00 AM ET.

Daseke, Inc. to Release second Quarter 2022 Results on August 2, 2022

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Daseke (DSKE) a Great Value Stock Right Now?

The consensus price target hints at a 30.6% upside potential for Daseke (DSKE). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Think Daseke (DSKE) Could Surge 31%: Read This Before Placing a Bet

Management from flatbed truckload provider Daseke told analysts on its first-quarter call Tuesday that demand continues to “outweigh available capacity.” The company reiterated its full-year 2022 guidance, indicating the number is more likely to move higher than lower.

Daseke's outlook calls for flatbed rates to remain strong

Daseke's (DSKE) CEO Jonathan Shepko on Q1 2022 Results - Earnings Call Transcript

Daseke (DSKE) delivered earnings and revenue surprises of 50% and 14.26%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Daseke (DSKE) Q1 Earnings and Revenues Beat Estimates

Flexible deployment of network capabilities into strong rate environment helps drive significant earnings growth in the quarter Flexible deployment of network capabilities into strong rate environment helps drive significant earnings growth in the quarter

Daseke Reports Results for First Quarter 2022

Daseke is the target of an investment fund that is asking the flatbed operator to launch a buyback of its shares, saying they are undervalued because the broader market is not giving it credit for the relative strength of the flatbed market. Alta Fox Capital Management, based in Fort Worth, Texas, sent the letter to the directors of Daseke (NASDAQ: DSKE) Thursday.

Investment group urges Flatbed operator Daseke to start stock buyback

DALLAS--(BUSINESS WIRE)--Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”), the beneficial owner of approximately 4.0% of the outstanding shares of Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), today announced that it has sent the below letter to Daseke's Board of Directors. *** April 21, 2022 Members of the Board of Directors, Alta Fox Capital Management, LLC (together with its affiliates, “Alta Fox” or “we”) is one of the largest shareholders of Da

Alta Fox Issues Letter to Daseke's Board of Directors Outlining the Rationale for a Significant Share Repurchase

ADDISON, Texas, April 19, 2022 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: 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 first quarter ended March 31, 2022 on Tuesday May 3rd. A conference call to discuss the financial and operational results is scheduled for May 3, 2022 at 11:00 AM ET.

Daseke, Inc. to Release First Quarter 2022 Results on May 3, 2022

Daseke is seeing higher flatbed rates even as dry van numbers are coming down, a significant issue on the heels of a ratings agency's review of the company and its view of the company's figures. The flatbed rates that Daseke is seeing are stable to higher, according to CEO Jonathan Shepko, who spoke to FreightWaves in response to questions about a recent report by the Moody's debt rating agency.

Daseke, responding to Moody's report, says rates steady to rising

Daseke is a transportation solutions specialist offering tractors and flatbed, warehousing services, and trailers to clients in the United States, Canada, and Mexico.

Daseke: Undervalued And Beneficial 2022 Outlook

ADDISON, Texas, Feb. 25, 2022 (GLOBE NEWSWIRE) -- Daseke, Inc. (NASDAQ: DSKE) (“Daseke” or the “Company”), the largest flatbed, specialized transportation and logistics solutions company in North America, today announced that senior management will participate in the J.P. Morgan 2022 Global High Yield & Leveraged Finance Conference which will be held in Miami Beach, FL on Tuesday and Wednesday, March 1-2, 2022. Executive Vice President and Chief Financial Officer Jason Bates and Vice President of Finance and Investor Relations Officer, Traci Graham will conduct group and one-on-one meetings with investors attending the conference. Additionally, Jason Bates will be leading a Company presentation on Wednesday, March 2, 2022. The Company presentation and applicable webcast links will be available on the Company's investor relations website, www.investor.daseke.com, under the Events & Presentations section.

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