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Thread: Arkansas Best Goes Red
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03-04-2013 #1
- Join Date
- Jul 2009
- Local Union
- 492
- Employer
- ABF
- Location
- Albuquerque, NM
- Posts
- 39,623
- Rep Power
- 879
Arkansas Best Goes Red
Arkansas Best (Nasdaq: ABFS ) filed its 10-K on Feb. 28. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended Dec. 31 (Q4), Arkansas Best beat expectations on revenues and missed expectations on earnings per share.
Compared to the prior-year quarter, revenue grew significantly. Non-GAAP earnings per share shrank to a loss. GAAP earnings per share dropped to a loss.
Margins contracted across the board.
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03-05-2013 #2
- Join Date
- Aug 2009
- Local Union
- 222
- Employer
- YRC
- Location
- Utah
- Posts
- 27,059
- Rep Power
- 1143
Re: Arkansas Best Goes Red
Come off a good year to going broke entering contract negotiations. Wow, no one saw this coming?
Last edited by 222lifer; 03-05-2013 at 12:42 AM.
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03-05-2013 #3
- Join Date
- Jul 2009
- Local Union
- 492
- Employer
- ABF
- Location
- Albuquerque, NM
- Posts
- 39,623
- Rep Power
- 879
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03-05-2013 #4
- Join Date
- Mar 2009
- Local Union
- 769/251
- Employer
- UPS Freight
- Location
- Florida
- Posts
- 8,466
- Rep Power
- 737
Re: Arkansas Best Goes Red
They say revenue grew significantly, where did the money go?
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03-05-2013 #5
- Join Date
- Jan 2008
- Local Union
- 641
- Employer
- new penn
- Location
- Northeastern PA
- Posts
- 23,334
- Rep Power
- 0
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03-05-2013 #6
- Join Date
- Dec 2008
- Local Union
- 110
- Employer
- new penn
- Location
- Out to Lunch
- Posts
- 2,021
- Rep Power
- 231
Re: Arkansas Best Goes Red
Sounds like YRC, except they aren't waiting till the contract is ratified to tell them that ABF is broke. I smell fish..
Last edited by wildcat2; 03-05-2013 at 09:59 AM.
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03-05-2013 #7
- Join Date
- Jul 2011
- Local Union
- 952
- Employer
- YRC
- Location
- SoCal
- Posts
- 4,709
- Rep Power
- 151
Re: Arkansas Best Goes Red
Doesn't look that bad
abf needs to try a lot harder to be as pathetic as yrc.
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