Arkansas Best Corp Fourth Quarter Earnings Sneak Peek

Arkansas Best Corp (NASDAQ:ABFS) will unveil its latest earnings on Friday, January 27, 2012. Arkansas Best is a holding company that, through its subsidiaries, is engaged in motor carrier transportation operations.

Arkansas Best Corp Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 25 cents per share, a swing from net loss of 12 cents in the year earlier quarter. During the past three months, the average estimate has moved up from 23 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 25 cents during the last month. Analysts are projecting profit of 42 cents per share versus a loss of $1.30 last year.

Past Earnings Performance: The company is looking to beat analyst estimates for the third quarter in a row. Last quarter, it beat estimates with net income of 48 cents per share against the mean estimate of 33 cents. In the prior quarter, the company reported profit of 20 cents.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 7% in revenue from the year-earlier quarter to $472.1 million.

Analyst Ratings: Analysts are bullish on Arkansas Best as seven analysts rate it as a buy, one rates it as a sell and eight rate it as a hold.

A Look Back: In the third quarter, the company swung to a profit of $12.3 million (46 cents a share) from a loss of $749,000 (3 cents) a year earlier, beating analyst estimates. Revenue rose 14.7% to $510.9 million from $445.5 million.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 18.9%, with the biggest boost coming in the second quarter when revenue rose 21.2% from the year earlier quarter.

Competitors to Watch: YRC Worldwide Inc. (NASDAQ:YRCW), Saia Inc. (NASDAQ:SAIA), Con-way Inc. (NYSE:CNW), J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT), Roadrunner Transportation Services Hold. (NYSE:RRTS), Old Dominion Freight Line (NASDAQ:ODFL), USA Truck, Inc. (NASDAQ:USAK) and Celadon Group, Inc. (NYSE:CGI).

Stock Price Performance: During November 22, 2011 to January 23, 2012, the stock price had risen $3.92 (21.9%) from $17.88 to $21.80. The stock price saw one of its best stretches over the last year between December 30, 2011 and January 12, 2012 when shares rose for nine-straight days, rising 10% (+$1.92) over that span. It saw one of its worst periods between April 4, 2011 and April 12, 2011 when shares fell for seven-straight days, falling 4.7% (-$1.23) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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