Edition:
United States

Spartan Motors Inc (SPAR.OQ)

SPAR.OQ on NASDAQ Stock Exchange Global Select Market

15.30USD
2:18pm EST
Change (% chg)

$-0.30 (-1.92%)
Prev Close
$15.60
Open
$15.60
Day's High
$15.85
Day's Low
$15.30
Volume
25,661
Avg. Vol
51,835
52-wk High
$17.05
52-wk Low
$6.40

Latest Key Developments (Source: Significant Developments)

Spartan motors reports Q3 earnings per share $0.38
Wednesday, 1 Nov 2017 07:30am EDT 

Nov 1 (Reuters) - Spartan Motors Inc :Spartan Motors reports third quarter net income of $13.5 million; increases 391%, on 27% sales growth.Q3 adjusted earnings per share $0.21 excluding items.Q3 earnings per share $0.38.Q3 sales $189.2 million versus I/B/E/S view $185.3 million.Q3 earnings per share view $0.24 -- Thomson Reuters I/B/E/S.Spartan Motors Inc - ‍backlog was up 97.6% to $537.7 million at September 30, 2017​.Spartan Motors Inc sees FY 2017 ‍revenue of $690.0 - $710.0 million​.Spartan Motors Inc - sees ‍FY 2017 adjusted earnings per share of $0.40 to $0.42​.  Full Article

Spartan Motors wins $214 mln contract from United States Postal Service
Thursday, 26 Oct 2017 08:30am EDT 

Oct 26 (Reuters) - Spartan Motors Inc ::Spartan Motors awarded $214 million contract from United States Postal Service.Spartan Motors Inc - ‍has been awarded a $214 million contract from United States Postal Service for more than 2,000 cargo body fleet vehicles​.Spartan Motors- ‍USPS order will be built & delivered over span of 2 yrs, with option for additional quantities delivered over third contract year.Spartan Motors Inc - ‍USPS order production will begin in Q2 of 2018​.  Full Article

Spartan Motors Q2 earnings per share $0.03
Wednesday, 2 Aug 2017 07:30am EDT 

Aug 2 (Reuters) - Spartan Motors Inc :Spartan Motors reports second quarter 2017 results.Q2 adjusted earnings per share $0.07.Q2 earnings per share $0.03.Q2 sales $169.7 million versus I/B/E/S view $167.8 million.Q2 earnings per share view $0.06 -- Thomson Reuters I/B/E/S.Spartan Motors Inc says FY 2017 revenue guidance of $680.0 - $720.0 million, up from previous guidance of $650.0 - $700.0 million.Sees FY adjusted earnings per share of $0.48 - $0.52.Spartan Motors Inc says FY 2017 adjusted earnings per share guidance of $0.48 - $0.52, up 28% from previous guidance of $0.36 - $0.41.Spartan Motors Inc says backlog of $372.8 million at June 30, 2017 compared to $351.3 million at March 31, 2017.FY2017 earnings per share view $0.40, revenue view $676.1 million -- Thomson Reuters I/B/E/S.  Full Article

Spartan Motors names James Sharman chairman of its board
Wednesday, 24 May 2017 09:00am EDT 

May 24 (Reuters) - Spartan Motors Inc -:Spartan Motors names James A. Sharman as chairman of the board.Spartan Motors Inc says that James A. Sharman has been elected by its board to serve as chairman of board, effective immediately.Spartan Motors Inc says Sharman will succeed Hugh Sloan.  Full Article

SPARTAN MOTORS Q1 ADJUSTED EARNINGS PER SHARE $0.04
Thursday, 4 May 2017 07:30am EDT 

May 4 (Reuters) - Spartan Motors Inc :SPARTAN MOTORS REPORTS FIRST QUARTER 2017 RESULTS.Q1 ADJUSTED EARNINGS PER SHARE $0.04.Q1 EARNINGS PER SHARE VIEW $0.04 -- THOMSON REUTERS I/B/E/S.QTRLY SALES INCREASED 24.9% TO $167.1 MILLION FROM $133.7 MILLION IN Q1 2016.BACKLOG INCREASED $101.8 MILLION TO $351.3 MILLION AT MARCH 31, 2017 FROM $249.5 MILLION AT DECEMBER 31, 2016.SEES FY REVENUE OF $650.0 MILLION - $700.0 MILLION, UP FROM PREVIOUS GUIDANCE OF $615.0 MILLION - $685.0 MILLION.SEES FY ADJUSTED EARNINGS PER SHARE OF $0.36 - $0.41, UP FROM PREVIOUS GUIDANCE OF $0.30 - $0.36.QTRLY BASIC AND DILUTED NET LOSS PER SHARE $0.03.  Full Article

Spartan Motors reports Q4 earnings per share $0.03
Thursday, 23 Feb 2017 07:30am EST 

Spartan Motors Inc : Spartan Motors delivers strong fourth quarter and full year 2016 results . Q4 earnings per share $0.03 . Q4 earnings per share view $0.02 -- Thomson Reuters I/B/E/S . Sees fy 2017 adjusted earnings per share $0.30 to $0.36 . Q4 adjusted earnings per share $0.04 . Sees fy 2017 revenue $615 million to $685 million .Q4 revenue $145.9 million versus I/B/E/S view $138.4 million.  Full Article

Spartan Motors reports Q2 earnings per share $0.13
Thursday, 4 Aug 2016 07:30am EDT 

Spartan Motors Inc : Spartan motors reports second quarter 2016 eps of $0.13 . Q2 earnings per share $0.13 . Q2 sales rose 12.2 percent to $162.5 million . Raises 2016 midpoint eps guidance by 12.5% . Order backlog increased to $304.0 million at june 30, 2016, from $262.7 million at june 30, 2015 . "Looking forward to second-half of 2016, we anticipate modest year-over-year sales growth" . Sees 2016 earnings per share of $0.20 to $0.25 . Spartan motors inc sees 2016 earnings per share of $0.20 to $0.25 . Q2 adjusted earnings per share $0.19 .Sees FY 2016 revenue $570 million to $590 million.  Full Article

Spartan Motors Inc announces dividend
Wednesday, 4 May 2016 07:46am EDT 

Spartan Motors Inc:Board of Directors has declared a cash dividend of $0.05 per share of common stock.Says semi-annual dividend will be payable on June 23, 2016 to shareholders of record at on May 19, 2016.  Full Article

BRIEF-Spartan motors reports Q3 earnings per share $0.38

* Spartan Motors reports third quarter net income of $13.5 million; increases 391%, on 27% sales growth