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Spartan Motors Inc Reaffirms FY 2013 Revenue Guidance; Issues Q3, Q4 2013 Guidance; Revenue Guidance In Line With Analysts' Estimates


Thursday, 1 Aug 2013 08:01am EDT 

Spartan Motors Inc announced that it expect revenue and operating income in the third and fourth quarters of 2013 to increase from the second quarter of 2013 and the respective comparable quarters of 2012. For fiscal 2013, it expects to realize mid-single-digit revenue growth. The Company reported revenues of $120.87 million in the second quarter of 2013 and revenues of $470.58 million in the fiscal 2012. According to I/B/E/S Estimates, analysts on an average were expecting the Company to report revenues of $135.50 million and EBIT of $6.83 million for the third quarter of 2013; revenues of $139.40 million and EBIT of $6.57 million for the fourth quarter of 2013; revenues of $489.17 million for fiscal 2013. 

Company Quote

4.56
0.06 +1.33%
11 Jul 2014