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yesmistermorningstar

07/18/17 8:44 AM

#23887 RE: SCRAPPY1 #23886

For the three months ended June 30, 2017, the Company expects to report consolidated operating revenue of approximately $1.2 billion to $1.3 billion and consolidated operating income of approximately $46 million to $56 million. The Company also expects to report Adjusted EBITDA of approximately $86 million to $96 million.

For full-year 2017, the Company projects consolidated operating revenue of approximately $4.8 billion to $5.0 billion and consolidated operating income of approximately $150 million to $170 million. The Company also projects Adjusted EBITDA of approximately $320 million to $340 million. Investment in capital expenditures and the capital value equivalent of operating leases for revenue equipment is anticipated to equal 6% to 8% of operating revenue in 2017.