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



TSX:STB.DB.A - Post by User

Comment by fellowshipon Feb 15, 2016 4:00pm
170 Views
Post# 24559858

RE:Time to Watch Student Transportation (T.STB)(STB)

RE:Time to Watch Student Transportation (T.STB)(STB)
arnulacroix23 wrote:
Keep a close eye on Student Transportation (T.STB)(STB). Potential earnings-numbers surprise

https://crweworld.com/article/markets/18164/notable-companies-earnings-reports-to-watch-for-tuesday-february-16-2016


Second Quarter Fiscal 2016 Compared to Second Quarter Fiscal 2015:

  • Revenues increased 6.3% to $167.4 million; at comparable foreign currency exchange rates, revenues increased 8.3%.    
  • Adjusted EBITDA* increased 15.3% to $41.5 million, representing an Adjusted EBITDA* margin of 24.8%, up from 22.9%.
  • Net income increased 56.4% to $5.5 million, or $0.06 per share after a $1.2 million impairment charge related to the write-down of certain energy-related assets.
It was expected $0.04 increase and they outperformed by $0.02
and this after they wrote down imparment charge related expense. I think these are good results.
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