Pacer earnings up sharply
Pacer International, said it had second quarter net profit of $4.2 million compared to $1.4 million in the same 2010 period.
Revenue during the second quarter was $386.3 million compared to $401 million in the same 2010 period.
'Given our year-to-date results, we believe it is appropriate to provide updated guidance for the full year of 2011,' the company said. 'As a result of our improved margin results, we are increasing our earnings per share guidance by approximately 25 percent.”
Pacer earnings up sharply
