YRC Worldwide (YRCW) to Release Quarterly Earnings on Thursday

YRC Worldwide (NASDAQ:YRCW) will be releasing its earnings data before the market opens on Thursday, November 1st. Analysts expect YRC Worldwide to post earnings of $0.55 per share for the quarter.

YRC Worldwide (NASDAQ:YRCW) last posted its quarterly earnings results on Thursday, August 2nd. The transportation company reported $0.43 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.49 by ($0.06). YRC Worldwide had a negative return on equity of 2.36% and a negative net margin of 0.09%. The firm had revenue of $1.33 billion for the quarter, compared to analysts’ expectations of $1.32 billion. During the same period last year, the business earned $0.57 earnings per share. The firm’s revenue for the quarter was up 5.2% on a year-over-year basis. On average, analysts expect YRC Worldwide to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

YRCW opened at $8.09 on Wednesday. YRC Worldwide has a fifty-two week low of $7.53 and a fifty-two week high of $17.61. The stock has a market cap of $265.94 million, a PE ratio of 53.93 and a beta of 3.65.

YRCW has been the topic of a number of recent analyst reports. Deutsche Bank raised YRC Worldwide from a “hold” rating to a “buy” rating and set a $13.00 price objective on the stock in a research note on Tuesday, August 21st. BidaskClub downgraded YRC Worldwide from a “sell” rating to a “strong sell” rating in a research note on Tuesday, September 25th. Loop Capital initiated coverage on YRC Worldwide in a research note on Monday, October 1st. They issued a “buy” rating and a $18.00 price objective on the stock. ValuEngine downgraded YRC Worldwide from a “sell” rating to a “strong sell” rating in a research note on Tuesday, July 3rd. Finally, Stifel Nicolaus cut their price objective on YRC Worldwide from $17.00 to $15.00 and set a “buy” rating on the stock in a research note on Friday, August 3rd. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. YRC Worldwide has an average rating of “Hold” and a consensus target price of $16.80.

About YRC Worldwide

YRC Worldwide Inc, through its subsidiaries, provides various transportation services primarily in North America. Its YRC Freight segment offers various services to transport industrial, commercial, and retail goods; and provides specialized services, including guaranteed expedited services, time-specific deliveries, cross-border services, coast-to-coast air delivery, product returns, temperature-sensitive shipment protection, and government material shipments.

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Earnings History for YRC Worldwide (NASDAQ:YRCW)

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