Horizon Lines (HRZ) Reports Q3 EPS of $0.37; Guides
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Horizon Lines, Inc. (NYSE: HRZ) reports Q3 EPS of $0.37, versus the analyst estimate of $0.24. Revenue for the quarter was $308 million, which compares to the estimate of $294.40 million.
Horizon sees a challenging Q409, impacted by economic weakness. Estimates that FY09 EBITDA below $130 million mark reported in 2008.
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