Pacer International Reports Q4 EPS of $(0.03) vs. (0.09)

Pacer International, Inc. PACR today reported financial results for the three months ended December 31, 2010. Revenues were $373.3 million. Excluding the impact of the transition of the east-west big box IMC business, revenues improved by 2.7%; Net income decreased by $10.4 million. Excluding the impact of significant items affecting comparability, net income increased $1.4 million; and Earnings per share decreased from income per share of $0.27 in 2009 to a loss per share of $0.03 in 2010. Excluding the impact of significant items affecting comparability, earnings per share increased from $0.01 to $0.05 per share in 2010.