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STUDENT TRANSPORTATION INC 5.25 PCT DEBS T.STB.DB.A



TSX:STB.DB.A - Post by User

Comment by jammo71on Dec 17, 2015 7:56am
132 Views
Post# 24390975

RE:New here

RE:New here
colpatrick 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.
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