An alumnus of York University with an MBA in corporate finance, Chris Jamroz functioned in associate capacities with Merrill Lynch and Scotiabank before becoming an executive with J.P. Morgan Chase & Co., where he helped establish its Canadian Corporate Finance practice. Now focusing his professional efforts in logistics, Chris Jamroz serves as the CEO of STG Holdings and was recently nominated as a new member of the Board of Roadrunner Transportation Systems (RRTS).
Despite RRTS’ Q1 2019 revenue being at a $60 million shortfall compared to the consensus estimate, the $507.1 million it reported during that time is still the sixth-highest figure per any quarter since 2011. RRTS posted $551.5 million in revenue during Q4 2018, but its performance was hindered during Q1 2019 due to a drastic revenue decline in its Active On-Demand ground expedite business segment and lower-than-average capture rates on its aircraft fleet due to maintenance and availability.
RRTS’ highest-ever revenue per quarter was in Q1 2018, when it reported $570 million in revenue compared to the consensus estimate of $475.6 million. Save for two quarters for which figures are unavailable via Street Insider, the company has reached at least $460 million in revenue every quarter since Q2 2014. This is especially significant given it recorded less than $100 million in five of the prior 13 quarters.