The company said that it estimates that its fourth-quarter results, due to be announced on Jan. 31, will be in the range of $.30 to $.35 per share, including a gain equal to $.06 from the sale of securities.
This compares with analysts’ expectations of earnings per share of $.48 for the quarter.
Airborne blamed the high cost of jet fuel and the lack of growth in domestic shipments for the shortfall.
Airborne had reported a 25-percent drop in net income for the first three quarters of last year.
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