Will Celadon Group (CGI) Match Competitors Solid Earnings?

Bolton Flautt  |

Celadon Group (CGI) finished its fourth quarter and fiscal year on June 30, 2016. According to historical records from its website, the company reported last years results on July 30, 2015 at 11:00am eastern standard time. If they hold true to this same schedule, Celadon will report its fourth quarter results on July 28, 2016 at 11:00am central time. The company reported a 12 percent revenue increase of $259.6 million for its most recent quarter ending March 31, 2016 and a decrease in net income of 39.5 percent to $5.2 million for the third quartet ending March 31, 2016.

Analysts predict Celadon Group to report revenue of $254.42 million and earnings per share of $0.19 for its fourth quarter ending June 30, 2016. For the fiscal year ending June 30, 2016, analysts predict the company to report revenue of $1.06 billion and earnings per share of $1.02.

Celadon Group is headquartered in Indianapolis, Indiana and has 6,415 full time employees. The company, through its subsidiaries, provides long haul, regional, local, dedicated, intermodal, temperature-protect, flatbed and expedited freight service across the United States, Canada and Mexico. The company also owns Celadon Logistics Services, which provides freight brokerage services, freight management, as well as supply chain management solutions, including warehousing and distribution.

Some competitors of Celadon Group that reported earnings recently are Swift Transportation Company (SWFT) and Werner Enterprises (WERN).

I will keep an eye on Celadon Group and report back once its fourth quarter and full year results are released. The company’s common stock has a 52-week range between $6.19 and $22.95 per share. Today, shares of Celadon were up slightly on volume of 161,644 shares at $8.28 per share. The company has a market capitalization of $228.14 million and an average daily volume of 360,743 shares.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer.


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Symbol Name Price Change % Volume
CGI Celadon Group Inc. n/a n/a n/a n/a
SWFT KNX Liberty Media Corp (DE) n/a n/a n/a n/a
WERN Werner Enterprises Inc. 38.49 0.38 1.00 334,130 Trade

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