Con-way Results Miss Estimates

(RTTNews) - Transportation and logistics company Con-way Inc (CNW) on Wednesday reported fourth-quarter net earnings of $24.9 million or $0.43 per share compared with $11.7 million or $0.20 per share last year.

Excluding items, adjusted earnings for the quarter were $0.41 per share compared with $0.23 per share a year ago.

Revenues for the quarter were $1.44 billion compared with $1.36 billion in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.45 per share on revenues of $1.45 billion for the quarter. Analysts' estimates typically exclude special items.