NEW YORK (Thomson Financial) - ASV Inc. said it expects 2008 earnings of 58
to 72 cents, compared with the mean estimate of analysts surveyed by Thomson
Financial of 60 cents a share. The Grand Rapids, Minn. rubber track machine
maker currently expects 2007 earnings of 41 to 47 cents a share.
The company expects 2008 revenue to rise to $220 million to $250 million
from a projected $200 million to $210 million in 2007. Analysts are forecasting
2008 revenue of $213.5 million, on average.
The stock closed Wednesday at $14.69.
Tomi Kilgore
tk1
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