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Liquidity Services Inc Raises FY 2012 Earnings Guidance; Issues Q4 2012 Earnings Guidance Above Analysts' Estimates


Tuesday, 31 Jul 2012 08:29am EDT 

Liquidity Services Inc announced that for fiscal 2012, it expects adjusted EBITDA to range from $108-$110 million, an increase from previous guidance range of $96-$100 million and adjusted earnings per diluted share (EPS) to range from $1.81-$1.84, an increase from previous guidance range of $1.64-$1.70. For the fourth quarter of 2012, it expects adjusted EBITDA to range from $21.0-$23.0 million and adjusted earnings per diluted share (EPS) to be $0.35-$0.38. According to I/B/E/S Estimates, analysts were expecting the Company to report EBITDA of $90 and EPS of $1.68 for fiscal 2012; EBITDA of $20.3 million and EPS of $0.33 for the fourth quarter of 2012. 

Company Quote

18.0
-0.35 -1.91%
17 Apr 2014