ABF | Arkansas Best Corp Second Quarter Earnings Sneak Peek

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Arkansas Best Corporation (NASDAQ:ABFS) will unveil its latest earnings on Tuesday, July 31, 2012. Arkansas Best is a holding company that, through its subsidiaries, is engaged in motor carrier transportation operations.

Arkansas Best Corporation Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for profit of 16 cents per share, a decline of 20% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 30 cents. Between one and three months ago, the average estimate moved down. It also has dropped from 17 cents during the last month. For the year, analysts are projecting net income of 15 cents per share, a decline of 42.3% from last year.

Past Earnings Performance: The company is looking to top analyst estimates this quarter after trailing for the two previous quarters. Last quarter, it missed estimates by reporting a loss of 71 cents per share against an estimate of net loss of 18 cents per share. The quarter before that, it missed expectations by 17 cents...................

Arkansas Best Corp Second Quarter Earnings Sneak Peek | Wall St. Cheat Sheet
 
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