Wednesday, June 18, 2008

YRC Worldwide Updates Q2 Guidance

YRC Worldwide Inc. has updated second quarter 2008 earnings guidance to a range of $.55 to $.65 per share, which now includes net curtailment gains of $.34 per share and an accident charge of $.09 per share.

The company said that, excluding the curtailment gains and the accident charge, its second quarter 2008 earnings from core operations are expected to be consistent with previously issued guidance of $.30 to $.40 per share.

YRC said that the net curtailment gains relate to changes in certain retirement plans as the company continues its progress toward a common employee benefits platform across its multiple operating units.

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