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(RTTNews.com) - Arkansas Best Corp. (ABFS) posted fourth-quarter net income of $1.40 million or $0.05 per share compared with a loss of $3.11 million or $0.12 per share in the previous year, reflecting an improving business environment as characterized by revenue growth across all its operating segments.
On a non-GAAP basis, net income attributable to the company amounted to $2.09 million or $0.08 per share versus a $3.1 million or $0.12 per share loss a year ago. On average, 18 analysts polled by Thomson Reuters expected earnings per share of $0.24 for the quarter. Analysts' estimates typically exclude one-time items.
Quarterly revenue totaled $463.2 million, up 5.9% from prior-year quarter's $441.1 million, while 12 analysts projected revenues of $472.50 million...................
Arkansas Swings To Profit In Q4 - Quick Facts - NASDAQ.com
On a non-GAAP basis, net income attributable to the company amounted to $2.09 million or $0.08 per share versus a $3.1 million or $0.12 per share loss a year ago. On average, 18 analysts polled by Thomson Reuters expected earnings per share of $0.24 for the quarter. Analysts' estimates typically exclude one-time items.
Quarterly revenue totaled $463.2 million, up 5.9% from prior-year quarter's $441.1 million, while 12 analysts projected revenues of $472.50 million...................
Arkansas Swings To Profit In Q4 - Quick Facts - NASDAQ.com