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Liquidity Services Inc Lowers Q3 2013 Earnings Guidance

Tuesday, 16 Jul 2013 06:59am EDT 

Liquidity Services Inc announced that for third quarter of 2013, it expects adjusted EBITDA, which excludes stock based compensation and acquisition costs, to be $26 million to $27 million compared to the Company's previous expectations of $29 million to $32 million. The Company also expects adjusted diluted earnings per share (EPS) of $0.43 to $0.45 compared to previous expectations of $0.49 to $0.54. According to I/B/E/S Estimates, analysts are expecting the Company to report EBITDA of $30million and EPS of $0.51 for third quarter of 2013. 

Company Quote

-0.35 -1.91%
4:00pm EDT