ABF | Earnings Update: Arkansas Best Releases its Quarterly Earnings on October 28th, 2011

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In 4 days the average analyst expectation is for Arkansas Best (NASDAQ:ABFS) to report earnings of $0.31 per share on sales of $502.3 million. Analysts also expect earnings of $0.23 per share for the current full-year period. Arkansas Best reported a loss of $0.03 per share a year ago, on sales of $445.5 million. In the previous quarter, the company reported earnings of $0.20 per share, topping consensus estimates of $0.05.

There is potential upside of 34.9% for shares of Arkansas Best based on a current price of $18.80 and an average consensus analyst price target of $25.36. The stock should hit resistance at its 200-day moving average (MA) of $22.90, as well as support at its 50-day MA of $18.61..................

Earnings Update: Arkansas Best Releases its Quarterly Earnings on October 28th, 2011 (ABFS) | FINANCIAL NEWS NETWORK ONLINE
 
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