Con-way Q2 Profit Rises - Quick Facts

(RTTNews) - Transportation and logistics company Con-way Inc (CNW) Wednesday reported second-quarter net earnings of $53.7 million or $0.93 per share compared with $42.9 million or $0.75 per share in the comparable quarter last year.

Excluding items, adjusted net income for the latest second quarter rose to $52.7 million or $0.91 per share from $38.5 million or $0.68 per share a year ago.

Analysts polled by Thomson Reuters estimated earnings of $0.75 per share for the quarter. Analysts' estimates typically exclude special items.

Revenues for the quarter were $1.49 billion compared with $1.38 billion in the prior year, while fifteen analysts estimated revenues of $1.47 billion.

Further, the company said its first increased dividend of $0.15 per common share will be paid on September 12, 2014 to shareholders of record at the close of business on August 15, 2014.