Student Transportation Inc (STB) Releases Earnings Results, Beats Expectations By $0.02 EPS

Student Transportation Inc (STB) announced its most recent quarterly financial results on Wednesday, Sep-14-2016. STB said it had a profit of $0.07 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.02. Analysts had a consensus of $0.05. The company posted revenue of $166.20 million in the period, compared to analysts expectations of $163.67 million. STB’s revenue was up 9.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.07 EPS.

Many Wall Street Analysts have commented on Student Transportation Inc. Student Transportation Inc was Initiated by Barrington Research to “Outperform” on Jul 21, 2016.

Student Transportation Inc (STB) witnessed a volatile trading activity on Monday , and eventually ended flat at 0.00% or 0 points without letting the bulls or bears take much advantage. The trading began at $5.55 and reached the intraday high at $5.64. The bulls started the profit booking and pushed the shares to intraday low of $5.49. The trading session was marked by a volume range of 153,563 shares exchanging hands. The 52-week high of the shares is $5.8 and the 52-week low is $3.02. The market cap of the company stands at $540 M and there are 96,769,684 shares in public circulation.

Student Transportation Inc. (STI) is North America’s provider of student transportation solutions operating nearly 13000 vehicles. STI’s family of local companies delivers transportation management logistics and technology solutions to a range of customers throughout the United States and Canada. Services are delivered by drivers dispatchers maintenance technicians terminal managers information technology professionals and others who are caring members of their local communities.

Student Transportation Inc

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