Commercial vehicle component supplier Accuride (ACW +11%) trades up today, shaking off Q2 losses...
Friday, July 27, 2012, 3:05 PM ETCommercial vehicle component supplier Accuride (ACW +11%) trades up today, shaking off Q2 losses that missed both top and bottom-line Street estimates late yesterday. Investors appear to be focused on the companys improved FY12 forecast. It says that despite near-term commercial vehicle market weakness, it expects to see a smaller loss ranging from $0.12 - $0.05 per share on revenues of $1B - $1.03B. Analysts are looking for an EPS of $0.17 on revenues of $1.02B.
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