TSX:STB.DB.A - Post by User
Comment by
jammo71on Dec 17, 2015 7:56am
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Post# 24390975
RE:New here
RE:New herecolpatrick wrote: Would think that fuel would be a very big expense for this company; when do lower prices hit their bottom line?
From Q1 earnings announcement:
Fuel expense as a percentage of revenue continues to decline, coming in at 6.1% in the first quarter of fiscal 2016, down from 8.3% in the first quarter of fiscal 2015," added Walker.
Read more at https://www.stockhouse.com/news/press-releases/2015/11/05/student-transportation-inc-reports-fiscal-2016-first-quarter-results#UdFZERCJ2JPBmdOw.99
So the answer is now and likely for the next few quarters.