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Article: ALLIED HOLDINGS FORECASTS LOSS FOR THIRD QUARTER

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PR Newswire
Article date:
September 19, 1995
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DECATUR, GA., Sept. 19 /PRNewswire/ -- Allied Holdings, Inc. (Nasdaq: HAUL) today said that results for its third quarter ending Sept. 30, 1995 would be lower than expected and below Wall Street estimates of $.20 per share.

In making the announcement, A. Mitchell Poole, Jr., executive vice president and chief financial officer, said that the Company expected to report a quarterly loss ranging from $.15 to $.19 per share from combined United States and Canadian operations.

Mr. Poole stated, "The third quarter is normally our slowest due to seasonal closings of automotive manufacturing plants for vacations and model changeovers. However, the 1995 quarter is now ...

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