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Liquidity Services Inc Issues Q3 2013 Guidance Below Analysts' Estimates; Reaffirms FY 2013 Guidance


Thursday, 2 May 2013 06:55am EDT 

Liquidity Services Inc announced that for third quarter of 2013, it expects adjusted EBITDA in the range from $29.0 million to $32.0 million and adjusted earnings per diluted share to be $0.49 to $0.54. For fiscal 2013, it expects adjusted EBITDA to range from $115 million to $121 million, which is unchanged from previous guidance and adjusted earnings per diluted share (EPS) to range from $1.90 to $2.02 which is which is unchanged from previous guidance. According to I/B/E/S Estimates, analysts are expecting the Company to report EBITDA of $33 million and EPS of $0.55 for third quarter of 2013; EBITDA of $118 million and EPS of $1.96 for fiscal 2013. 

Company Quote

14.87
-0.17 -1.13%
4:00pm EDT