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Article: U.S. Concrete Raises Fourth Quarter Profit Expectations and Announces 2006 Revenue and Earnings Ranges.
- Article from:
- PR Newswire
- Article date:
- January 23, 2006
CopyrightCOPYRIGHT 2006 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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* Expects to Report EBITDA of $51 Million to $52 Million for Full-Year 2005 * Expects to Report Approximately $24 Million of Free Cash Flow for Full-Year 2005 * Provides Estimated Earnings Range of $0.65 to $0.70 Per Diluted Share for Full-Year 2006, Based on Existing Business Operations and Current Number of Shares Outstanding
HOUSTON, Jan. 23 /PRNewswire-FirstCall/ -- U.S. Concrete, Inc. today announced that fourth quarter 2005 net income is expected to be approximately $4 million, or approximately $0.13 to $0.14 per diluted share, which is above the high end of the Company's previously issued guidance of $0.11 per diluted share. Full-year net income is ...