Increased Consumer Demand and Passenger Traffic through Safety Initiatives, Volume Improvements, and Enhanced Services - Research Report on CH Robinson, Air Methods, UTi Worldwide, ASUR, and Bristow
NEW YORK, June 11, 2013 /PRNewswire/ --
Editor Note: For more information about this release, please scroll to bottom.
Today, Wall Street Reports announced new research reports highlighting CH Robinson World (NASDAQ: CHRW), Air Methods Corp. (NASDAQ: AIRM), UTi Worldwide Inc. (NASDAQ: UTIW), Grupo Aeroportuario Del Sureste SA de CV (NYSE: ASR), and Bristow Group, Inc. (NYSE: BRS). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
CH Robinson Worldwide Inc. Research Report
On May 9, 2013, CH Robinson Worldwide Inc. (CH Robinson) announced that its Board of Directors declared a regular quarterly cash dividend of $0.35 per share, payable on June 28, 2013, to shareholders of record on June 7, 2013. CH Robinson reported that it has distributed regular dividends for more than twenty-five years. As of May 9, 2013, there were approximately 160.6 million shares outstanding. The Full Research Report on CH Robinson Worldwide Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/02e5_CHRW]
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Air Methods Corp. Research Report
On May 30, 2013, Air Methods Corporation (Air Methods) announced that it has received U.S. Department of Defense (DOD) Commercial Airlift Review Board (CARB) approval to continue participation in the DOD Air Transport Program. The DOD's CAD survey and analysis office extensively examined all areas of the Company, including safety, flight operations, maintenance, and quality. "Air Methods is extremely proud of this accomplishment and we look forward to continuing to work with the U.S. military to transport military personnel during medical emergencies," said Aaron Todd, Chief Executive Officer, Air Methods. "This achievement, along with reaching the highest level in the Federal Aviation Administration's voluntary Safety Management System program, are both outstanding testaments from U.S. federal agencies that our safety and quality initiatives are making a difference." Air Methods has continuously held CARB approval since 2009. The Full Research Report on Air Methods Corp. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/f130_AIRM]
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UTi Worldwide Inc. Research Report
On June 6, 2013, UTi Worldwide Inc. (UTi Worldwide) reported its Q1 FY 2014 financial results (period ended April 30, 2013). Revenues totaled $1.1 billion, down 7.5% YoY. Net revenues (revenues minus purchased transportation costs) were $375.7 million, down 7.4% YoY. The decrease in revenue and net revenues was primarily due to currency changes and lower pricing. Net loss attributable to UTi Worldwide was $12.4 million, or $0.12 per diluted share, compared to net income of $12.9 million, or $0.12 per diluted share in Q1 FY 2013. Eric W. Kirchner, Chief Executive Officer, said, "Revenues and net revenues in the first quarter of fiscal 2014 were lower than the same period last year, impacted by many of the same issues that we saw in the final quarter of fiscal 2013. However, we saw steady improvement each month during the quarter, and in April net revenue increased on a year-on-year basis for the first time in 13 months. Airfreight volumes were slightly lower during the quarter, but ocean freight volumes were higher than the comparable prior year period." He added, "Contract logistics and distribution continued to be impacted by lower volumes from existing business and the previously reported loss of certain high-margin accounts. Although we are not satisfied with the full quarter results, recent volume improvements in April lead us to be slightly more optimistic about the remainder of fiscal 2014." The Full Research Report on UTi Worldwide Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/73c8_UTIW]
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Grupo Aeroportuario Del Sureste SA de CV Research Report
On June 5, 2013, Grupo Aeroportuario Del Sureste SA de CV (ASUR), the first privatized airport group in Mexico and operator of Cancún Airport and eight others in the southeast of Mexico, as well as a 50% JV partner in Aerostar Airport Holdings, LLC, operator of the Luis Muñoz Marín International Airport in San Juan, Puerto Rico, announced that total passenger traffic for May 2013 increased 12.7% YoY. In May 2013, domestic passenger traffic totaled 760,276, representing a 7.4% YoY increase, while international passenger traffic totaled 911,256, reflecting an increase of 17.6% YoY. The Full Research Report on Grupo Aeroportuario Del Sureste SA de CV - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/fbca_ASR]
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Bristow Group, Inc. Research Report
On May 22, 2013, Bristow Group, Inc. (Bristow) reported its Q4 FY 2013 and full-year FY 2013 financial results (period ended March 31, 2013) with GAAP net income of $40.4 million or $1.11 per diluted share for Q4 FY 2013; and $130.1 million or $3.57 per diluted share for full-year FY 2013. Q4 FY 2013 adjusted net income was $36.7 million, while full-year FY 2013 adjusted net income was $137.8 million. "Fiscal year 2013 was an excellent financial year for Bristow with record revenue, cash flow and bottom line earnings," said William E. Chiles, President and Chief Executive Officer of Bristow. "We benefitted from increased activity in most of our business units driven by increased demand from our clients for our services and improved contract terms." Bristow issued adjusted diluted earnings per share guidance for the full-year FY 2014 in the range of $4.20 to $4.50, reflecting the Company's expectation for continued growth, and improving operational and capital efficiency. The Full Research Report on Bristow Group, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at [http://www.wsreports.com/r/full_research_report/9420_BRS]
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SOURCE Wall Street Reports
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