Friday, October 28, 2016
YRC Worldwide Reports Third Quarter 2016 Results
YRCW reported $0.42 earnings per share for the quarter, missing the analyst consensus estimate by $-0.08. Analysts had a consensus of $0.50. The company posted revenue of $1221.30 million in the period, compared to analysts expectations of $1229.90 million.
YRCW’s revenue was down -1.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.61 EPS.
YRC Worldwide Inc opened for trading at $13.2 and hit $13.42 on the upside on Tuesday, eventually ending the session at $13.33, with a gain of 0.98% or 0.13 points. The heightened volatility saw the trading volume jump to 8,38,441 shares. Company has a market cap of $444 M.
Full Report Here........