Con-Way, Inc. (NYSE:
CNW) reported 3Q10 EPS from continuing operations of $0.22, “beating our estimate of $0.21 and below consensus of $0.26,” Dahlman Rose & Co. reports.
“Despite the earnings miss to consensus, we believe investors' focus on improved pricing provided a boost to shares. We continue to recommend CNW shares, but only for long term investors,” Dahlman Rose & Co. writes. “We are maintaining our 2010 and 2011 EPS estimates of $0.70 and $2.45, respectively.”
Dahlman Rose & Co. said that its $36 price target remains unchanged.
Con-Way currently trades at $34.87.
© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
To add Benzinga News as your preferred source on Google, click here.
Posted In:
