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Provider: Thomson Reuters Stock Report
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Provider: Thomson Reuters Stock Report
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Freightways Ltd Issues FY 2013, FY 2014 Earnings Guidance In Line With Analysts' Estimates-Reuters


Wednesday, 3 Jul 2013 06:09pm EDT 

Reuters reported that Freightways Ltd said it expects roughly 6% rise in Net Profit After Tax for fiscal 2013 and that it anticipated similar growth in profits for fiscal 2014. It said net profit after tax would likely rise to NZD38 million ($29.50 million), while operating profits would come in at around NZD65 million, up around 5% from fiscal 2012. Operating profits would likely rise another 5% during the fiscal 2014. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report net income of NZD40 million and EBIT of NZD67 million for fiscal 2013 and net income of NZD45 million and EBIT of NZD73 million for fiscal 2014. 

Company Quote

5.45
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27 Nov 2014