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Con-way Inc. Message Board

  • whitewashmachine whitewashmachine Oct 31, 2012 4:57 PM Flag

    Moving from BAD to WORSE...

    Company guidance for 4th Quarter is HORRIBLE, summer slowdown in traffic is turning into a US recession quickly in October and November, according to the company! +3% YoY revenue growth in July is now NEGATIVE -1% in October! OUCH

    Much lower EPS, if they exist, are coming in 2013, after IRAN bombing run and fiscal cliff disaster hits.

    Blames union contracts and expenses and Obamanation-led slowdown in economy.

    Sentiment: Strong Sell

 
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