Con-way Q2 Profit Tops View - Quick Facts

(RTTNews) - Con-way Inc. (CNW) reported second-quarter net income of $42.9 million or $0.75 per share, compared to $41.8 million or $0.74 per share in the comparable quarter last year.

Excluding items, adjusted non-GAAP net income for the quarter was $38.0 million or $0.67 per share, down from $37.1 million or $0.66 per share in the prior year quarter. On average, 22 analysts polled by Thomson Reuters expected the company to earn $0.59 per share for the quarter. Analysts' estimates typically exclude special items.

Meanwhile, total revenues for the latest quarter declined to $1.38 billion from $1.45 billion last year, while sixteen analysts had a consensus revenue estimate of $1.45 billion for the quarter.