Rush Enterprises Q1 Profit Decreases - Quick Facts

(RTTNews) - Rush Enterprises, Inc. (RUSHA,RUSHB) reported first-quarter net income of $12.0 million, or $0.30 per share, compared to $13.5 million, or $0.34 per share, previous year.

On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $0.28 for the quarter. Analysts' estimates typically exclude special items.

Total revenue increased to $958.67 million from $756.79 million. Analysts expected revenue of $938.30 million for the quarter.

The company delivered 2,688 new heavy-duty trucks, 1,966 new medium-duty commercial vehicles, 486 new light-duty commercial vehicles and 1,703 used commercial vehicles during the first quarter of 2014, compared to 2,065 new heavy-duty trucks, 1,954 new medium-duty commercial vehicles, 395 new light-duty commercial vehicles and 1,414 used trucks during the first quarter of 2013.