Pacer International Falls 13% After Earnings (PACR)

Pacer International

released its Q4 earnings results after the closing bell on Wednesday. The company reported adjusted EPS of $0.05 compared to Wall Street consensus EPS estimates of $0.09. Revenues fell 11.2% year over year to $373.3 million compared to analysts' consensus estimates of $382.2 million. Looking ahead to fiscal 2011, PACR sees EPS between $0.25 and $0.30. This is below analysts' consensus estimates of $0.34. The company anticipates revenues between $1.59 billion and $1.62 billion which is ahead of current Wall Street revenue estimates of $1.56 billion for fiscal 2011. In the after hours trading session, PACR shares have lost 13.06% to $5.99.