4th QTR earnings projection....

Discussion in 'Central Transport/Vitran' started by ltlguy2013, Jan 6, 2013.

  1. had enough

    had enough pErSoN oF iNtErEsT

    Messages:
    2,357
    Likes Received:
    170
    Trophy Points:
    63
    and the winner is.............
     
  2. runawaytrain

    runawaytrain Wear their scorn with pride.

    Messages:
    6,478
    Likes Received:
    1,929
    Trophy Points:
    113
    At 17.642.387.12.....I just don't know.......The good money is on Outwheel.....@ 24.5 million.................Top bidder
     
  3. Not_wanted

    Not_wanted Active Member

    Messages:
    1,504
    Likes Received:
    4
    Trophy Points:
    38
    Vitran | Press Release


    For the year ended December 31, 2012, Vitran posted revenue of $702.9 million or 2.4% increase compared to $686.2 million for the 2011 year. Vitran reported a net loss from continuing operations of $42.6 million

    For the fourth quarter of 2012, Vitran reported consolidated revenue decreased to $164.3 million compared to $172.5 million in the fourth quarter of 2011. Net loss from continuing operations was $18.0 million
     
  4. Junk yard dog

    Junk yard dog New Member

    Messages:
    28
    Likes Received:
    0
    Trophy Points:
    1
    15.3 million loss and 109 OR Unbeliveable !!!!!! At this rate we will be bankrupt by the start of the 4 th quarter !!!
     
  5. Not_wanted

    Not_wanted Active Member

    Messages:
    1,504
    Likes Received:
    4
    Trophy Points:
    38
    we are making headway in some regards, our shipments are making us more money (streamline operations, lower os&d claims ratios, or just not hauling freight that costs us money?)


    Revenue (000's) $702,914 * 2.8%
    No. of Shipments 4,374,202 1.8%
    Weight (000's lbs) 6,430,070 0.5%
    Revenue per shipment $160.70 * 0.9%
    Revenue per CWT $10.93 * 2.3%
     
  6. Not_wanted

    Not_wanted Active Member

    Messages:
    1,504
    Likes Received:
    4
    Trophy Points:
    38
    "Vitran intends to use a portion of the net proceeds from this transaction to fully reduce its outstanding debt under its senior revolving credit facility, and will have approximately $50.0 million of remaining cash on the balance sheet"

    smart move, get rid of the debt and the cost of servicing it too. i did not approve of the sale of the sco at first, but now that we now it was sold for more than have in debt, and they intend to pay debts off, i am real happy.
     
  7. Not_wanted

    Not_wanted Active Member

    Messages:
    1,504
    Likes Received:
    4
    Trophy Points:
    38
    how are we rating this? closest guess but not higher (like price is right) or the one just the closest to the number?

    time to go to work, i may be chiming in later on mobile (if i get more than a bathroom break amount of time to myself today)
     
  8. Moninja

    Moninja Member

    Messages:
    87
    Likes Received:
    3
    Trophy Points:
    8
    LTL sector operating ratio (expenses divided by revenues) of 109% is bad. It was 102% last year. $15 million lost in the last quarter of 2012 versus $4 million lost in the last quarter of 2011. Business levels and revenues have increased and yet these increases are far outweighed by the increases in expenses. I ain't no financial whiz but if I was to draw a graph and project how long it will take to burn through $50 million dollars...

    Vitran Reports 2012 Year-End and Fourth Quarter Results - Seeking Alpha
     
  9. realtree

    realtree Member

    Messages:
    347
    Likes Received:
    3
    Trophy Points:
    18
    Ive been here once before i drove for the largest medical supply company in America when i lived in Florida ,it went through the same crap i,m seeing now happen to vitran! the company eventually merged with the 2nd largest company in America ,my stock split i made a bundle i moved back north! Someone will pick us up eventually there just waiting for the right time!
     
  10. ltlguy2013

    ltlguy2013 Member

    Messages:
    128
    Likes Received:
    6
    Trophy Points:
    18
    I believe my first post was $18-$22 M haha
    Knew it....this is why all the regional managers have left....
    No idea how they plan on saving $20 million dollars....
     
  11. outwheeler

    outwheeler Member

    Messages:
    352
    Likes Received:
    1
    Trophy Points:
    18
    the plus side it wasn't as bad as I thought. Lol
     
  12. had enough

    had enough pErSoN oF iNtErEsT

    Messages:
    2,357
    Likes Received:
    170
    Trophy Points:
    63
    looks like dumb move won with his $17 mil and change.
     
  13. fudgie

    fudgie Member

    Messages:
    600
    Likes Received:
    7
    Trophy Points:
    18
    they say its always darkest right before the dawn, lets hope the sun is about to rise
     
  14. runawaytrain

    runawaytrain Wear their scorn with pride.

    Messages:
    6,478
    Likes Received:
    1,929
    Trophy Points:
    113
    I believe Biglarry is the winner....Lets wait on his gloat post and hit him with 11 likes as agreed.
     
  15. Not_wanted

    Not_wanted Active Member

    Messages:
    1,504
    Likes Received:
    4
    Trophy Points:
    38
    always up for a little fun ( a lot of fun if I won, only little since he won :17:)
     
  16. runawaytrain

    runawaytrain Wear their scorn with pride.

    Messages:
    6,478
    Likes Received:
    1,929
    Trophy Points:
    113
    Yeah at times we need to chill and not be so serious and yes just have a little fun... ....There is a time to get down to certain issues....But don't worry NW all the regulars on here know who the go to guy is for info.:grouphug:
     
  17. had enough

    had enough pErSoN oF iNtErEsT

    Messages:
    2,357
    Likes Received:
    170
    Trophy Points:
    63
    the light at the end of the tunnel, is the front of an oncoming train. :TR10driving03:
     
  18. Dumb move

    Dumb move Member

    Messages:
    54
    Likes Received:
    0
    Trophy Points:
    6
    So did I win cash or a Vitran IOU ?
     
  19. ltlguy2013

    ltlguy2013 Member

    Messages:
    128
    Likes Received:
    6
    Trophy Points:
    18
    Vitran IOU is worth about as much a toilet paper....
     
  20. stunhsif

    stunhsif Member

    Messages:
    278
    Likes Received:
    4
    Trophy Points:
    18
    toot toot !
     

Share This Page