Saturday, May 25, 4:46 PM
Barron's takes a liking to UTi Worldwide (UTIW): "As the restructuring proceeds and the airfreight market rebounds, profit margins could rise significantly, boosting earnings. The shares could rally 35% in the next 18 months." One criticism left unanswered: UTIW's margins are much thinner than those of freight-forwarding heavyweight Expeditors International of Washington (EXPD).
Thursday, September 1, 2011, 11:59 AM
UTi Worldwide (UTIW +16.3%) pops after its Q2 earnings came in better-than-expected, as net revenue jumps 17% Y/Y on improved shipping demand and better fuel cost management.
Comment![On the Move]
Thursday, September 1, 2011, 8:12 AMUTI Worldwide (UTIW): Q2 EPS of $0.24 beats by $0.03. Revenue of $1.3B (+12.7% Y/Y) beats by $50M. (PR)