CHICAGO, Aug. 8, 2012 (GLOBE NEWSWIRE) -- Standard Parking Corporation (Nasdaq:STAN), one of the nation's leading providers of parking management, ground transportation and other ancillary services, today announced second quarter 2012 results. The Company reported second quarter 2012 earnings per share of $0.26, which includes $0.16 per share of costs incurred during the quarter related to the proposed merger with Central Parking Corporation announced on February 29, 2012. First half 2012 adjusted free cash flow was $13.3 million before the impact of merger-related costs of $6.0 million. This compares to $16.3 million of adjusted free cash flow generated on the same basis during the first half of 2011.
Standard Parking Corporation Announces Strong 2012 Second Quarter Results
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
More than 30 investing pros with skin in the game give you actionable insight and investment ideas.