ABF | Arkansas Best Q2 Loss Narrows - Quick Facts

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(RTTNews) - Arkansas Best Corp. (ABFS: News ) reported second quarter net loss attributable to company of $7.4 million or $0.30 per share, compared to a net loss of $15.4 million or $0.62 per share in the year-ago quarter.

On average, 17 analysts polled by Thomson Reuters expected the company to report a loss of $0.39 per share for the period. Analysts' estimate typically exclude special items

Operating revenue for the quarter rose to $411.35 million from $362.63 million in the prior year quarter. Analysts estimated revenue of $406.38 million for the quarter.

Judy McReynolds, Arkansas Best President and Chief Executive Officer, said, "An improvement in daily tonnage levels at ABF was the major reason our second quarter loss narrowed compared to last year.". ...................

http://www.rttnews.com/Content/QuickFacts.aspx?Node=B1&Id=1364933

 

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Another article : Arkansas Best Corporation Announces Improved Second Quarter 2010 Results

ABF Freight System, Inc.®

Second Quarter 2010

* Revenue of $379.4 million compared to $343.8 million in 2009, a per-day increase of 10.4%
* Total tonnage per day increase of 11.9% versus second quarter 2009 and a sequential increase of 14.0% versus first quarter 2010
* Total billed revenue per hundredweight of $23.59 compared to $23.81 in second quarter 2009, a decrease of 0.9%
* Operating loss of $12.6 million compared to an operating loss of $26.8 million in second quarter 2009
* Operating ratio of 103.3% compared to 107.8% in second quarter 2009................


http://www.prnewswire.com/news-releases/arkansas-best-corporation-announces-improved-second-quarter-2010-results-98902964.html