American Commercial Lines (ACLI) Updates Certain Financial Results for Q2
More News related to ACLI
- Stifel Nicolaus Downgrades American Commercial Lines (ACLI) to Hold
- American Commercial Lines Announces Third Quarter Results
- American Commercial Lines Inc. Announces Earnings Release Date
- American Commercial Lines (ACLI) to Build 50 Covered Hopper Barges for Its Fleet During Q1
- American Commercial Lines Announces Plans to Build New Covered Hopper Barges for Its Fleet
More News related to Earnings
- After-Hours Movers 11/10: BITS, GSB, OCNF, HOO Higher; TGIC, MCZ, STV, MBLX, EM Lower
- Trading Radar for 11/11: Macy's (M), Progressive (PGR), Advanced Auto Parts (AAP), Computer Sciences (CSC) Report
- Unusual 11 Mid-Day Movers 11/10: UPG, CSII, SGK, MEDQ Higher; RHIE, OPXT, PRKR, MBI Lower
- Notable ETF Movers: PGM, XLV, SMH Up; UNG, KRE, FXI, AGQ, XME Down
- Notable Analyst Rating Changes 11/10: ADBE, ANN, FRPT, RAX Upgraded; ALU, CPST, PIKE, TRW Downgraded
American Commercial Lines Inc. (Nasdaq: ACLI) announced certain expected financial results for the quarter ended June 30, 2009. EBITDA for the second quarter is expected to be in the range of $15.5 million to $18.5 million, compared to $27.7 million in the prior year quarter. EBITDA in the current quarter is expected to include the expense for non cash stock compensation of $1.9 million compared to $3.0 million in the prior year. ACL also expects total debt (exclusive of any proposed financing activities) to be in the range of $405 million to $415 million at June 30, 2009, compared to $446.5 million at June 30, 2008.
American Commercial Lines Inc. operates as a diversified inland marine transportation and service company in the United States. [SM]
Related Categories
EarningsGuidance
Stocks Mentioned
-0.21Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
