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Overview
Highlights
News
Chart
Contacts
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| | "Based
on the strong year-to-date results, the Company is raising its net
earnings guidance for the year to $1.65 - $1.70 per share. The Company
also is raising its pre-tax income per share expectation to $2.73 - $2.81."
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| Approximate
Financial Snapshot as of 2/11/08 |
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| Shares
Outstanding |
40.3M |
| 52
Wk Hi/Lo |
25.43/
15.53
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| Market
Cap |
$18.6M |
| Recent
Price |
$21.11 |
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2/11/08
Standard
Parking Corp. (STAN)

Website:
www.StandardParking.com
Manages
Over One Million Parking Spaces
Overview
Standard Parking (Nasdaq: STAN)
is a leading national provider of parking facility management services. The
Company provides on-site management services at multi-level and surface
parking facilities for all major markets of the parking industry. The
Company manages approximately 2,000 facilities, containing over one million
parking spaces in more than 320 cities across the United States and Canada,
including parking-related and shuttle bus operations serving approximately
60 airports.
Standard
Parking's diversified client base includes some of the nation’s largest
private and public owners, managers and developers of major office
buildings, residential properties, commercial properties, shopping centers
and other retail properties, sports and special event complexes, hotels, and
hospitals and medical centers, including properties such as the Arco Tower
in Los Angeles, the Four Seasons Hotel in Chicago, the Harvard Medical
School in Boston, the Nationwide Arena in Columbus and Westfield
Shoppingtown Century City in Los Angeles.
In the airport market, STAN
manages parking-related and shuttle bus operations serving airports
throughout the United States, including Chicago O’Hare International
Airport, Cleveland Hopkins International Airport and Dallas/Fort Worth
International Airport.
This is an abbreviated profile
and we encourage readers interested in learning more about Standard Parking to visit
the company website at www.standardparking.com.
STAN
Investor Highlights
- Recently announced it has
completed the acquisition of certain assets of G.O. Parking in Chicago,
Illinois. The acquisition adds 25 locations to Standard Parking's
portfolio.
- The Company's Board of
Directors has increased its existing authorization to repurchase common
stock by an additional $25 million. Through September 30, 2007, the
Company had repurchased $15 million of its common stock under the $20
million authorization approved by the Board in March 2007.
- Recently announced that
Alatus Partners has awarded it a contract to manage and staff Alatus'
parking operation in Minneapolis. The total operation is comprised of
over 4,300 spaces in four garages and two surface lots.
- Announced that third
quarter 2007 pre-tax income increased 45% to $7.7 million, or $0.81 per
share, as compared with $5.3 million, or $0.52 per share, in the third
quarter of 2006.
- Based on the strong
year-to-date results, the Company is raising its net earnings guidance
for the year to $1.65 - $1.70 per share. The Company also is raising its
pre-tax income per share expectation to $2.73 - $2.81.
Recent
News and Press Releases
Standard
Parking Announces Contract Awards for Yankee Stadium, Washington Square
Office Complex, Columbus City Center
Standard
Parking Corporation Reports 2007 Fourth Quarter and Full Year Exceeding
Guidance; Pre-Tax Income Per Share Up 37 Percent and 45 Percent Respectively
Standard
Parking Corporation Completes Acquisition of G.O. Parking
Standard
Parking Wins Alatus Contract
Standard
Parking Announces 2-for-1 Stock Split, $25 Million Increase in Stock
Repurchase Authorization and Appointment of Karl G. Andren as Director
Standard
Parking Reports 56 Percent Increase in Third Quarter Pre-Tax Income Per
Share; Raises Full Year 2007 Guidance
For the latest Quote
and News on STAN Click
Here.
Three
Month Chart
Contacts
Standard Parking Corp.
900 North Michigan Avenue
Suite 1600
Chicago, IL 60611-1542
Phone: 312-274-2000
Fax: 312-640-6169
SEC Filings
STAN filings with the SEC can be found here.
All Fillings are current and the Company is fully reporting.
Disclaimer
SmallCapReview.com
feature stock reports are intended to be stock ideas, NOT recommendations.
Please do your own research before investing. It is crucial that you at
least look at current SEC filings and read the latest press releases.
For continuing coverage of STAN, please sign up for our free newsletter.
Information contained in this report was extracted from current documents
filed with the SEC, the company web site and other publicly available
sources deemed reliable. For more information see our disclaimer section, a
link of which can be found on our web site. This document contains
forward-looking statements, particularly as related to the business plans of
the Company, within the meaning of Section 27A of the Securities Act of 1933
and Sections 21E of the Securities Exchange Act of 1934, and are subject to
the safe harbor created by these sections. Actual results may differ
materially from the Company's expectations and estimates. The information
provided in this report is not intended for distribution to, or use by, any
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Information presented on our web site and within our reports contain
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encourage our readers to invest carefully and read the investor information
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