Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $35.22 USD
Change Today +0.09 / 0.26%
Volume 480.9K
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

con-way inc (CNW) Key Developments

Con-Way Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Tax Rate Guidance for the Third and Fourth Quarter and Full Year of 2015

Con-way Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenue of $1,427,314,000 compared to $1,492,349,000 a year ago. Operating income was $84,006,000 compared to $102,700,000 a year ago. Income before income tax provision was $71,453,000 compared to $90,768,000 a year ago. Net Income was $44,035,000 or $0.76 per diluted share compared to $53,667,000 or $0.93 per diluted share a year ago. On non-GAAP basis, adjusted net income was $43,690,000 or $0.76 per diluted share compared to $52,283,000 or $0.91 per diluted share a year ago. Net revenue was $187,221,000 compared to $186,687,000 a year ago. Net capital expenditures were $66 million in the quarter as compared to $39 million in the second quarter of 2014. For the six months, the company reported revenue of $2,799,745,000 compared to $2,861,192,000 a year ago. Operating income was $135,933,000 compared to $135,762,000 a year ago. Income before income tax provision was $107,848,000 compared to $109,990,000 a year ago. Net Income was $65,827,000 or $1.13 per diluted share compared to $66,560,000 or $1.16 per diluted share a year ago. Adjusted net income was $64,230,000 or $1.12 per diluted share compared to $48,935,000 or $0.86 per diluted share a year ago. On non-GAAP basis, adjusted net income was $66,401,000 or $1.14 per diluted share compared to $63,514,000 or $1.10 per diluted share a year ago. Net revenue was $377,376,000 compared to $369,177,000 a year ago. Year-to-date, net CapEx was $112 million. The company expected full year 2015 net CapEx to be just under $300 million. The continue to expects depreciation and amortization expense to be approximately $242 million. The company also continue to anticipate 2015 effective tax rate, excluding discrete items, will be approximately 39.3% for the full year. The company continues to anticipate effective tax rate, excluding discrete items 39.6% for each of the next third and fourth quarters.

Con-way Inc. to Report Q2, 2015 Results on Jul 29, 2015

Con-way Inc. announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Jul 29, 2015

Con-way Inc.(NYSE:CNW) added to Russell 2000 Index

Con-way Inc. will be added to Russell 2000 Index

Con-way Inc.(NYSE:CNW) dropped from Russell 1000 Index

Con-way Inc. will be removed from Russell 1000 Index.

Con-Way Inc. Elects New Board Members

Con-way Inc. announced that Gretchen W. McClain and Matthew J. Espe have been appointed to the Con-way Inc. Board of Directors. The appointments were effective June 16, 2015. The addition of Ms. McClain and Mr. Espe, along with the recent election to the Board of Wayne R. Shurts at the company's annual shareholders' meeting last month, brings the size of Con-way's Board of Directors to 13 members. Ms. McClain is the former president, chief executive officer and a member of the Board of Directors of Xylem Inc. Mr. Espe has been chief executive officer, president, principal executive officer and a member of the Board of Directors of Armstrong World Industries Inc.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CNW:US $35.22 USD +0.09

CNW Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Hub Group Inc $37.06 USD -0.68
Landstar System Inc $66.06 USD -0.81
Ryder System Inc $82.04 USD +0.72
TransForce Inc C$23.11 CAD -0.19
UTi Worldwide Inc $6.89 USD +0.03
View Industry Companies
 

Industry Analysis

CNW

Industry Average

Valuation CNW Industry Range
Price/Earnings 15.0x
Price/Sales 0.4x
Price/Book 1.7x
Price/Cash Flow 5.3x
TEV/Sales 0.1x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CON-WAY INC, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.