YRC Worldwide Inc (YRCW) Expected to Post Earnings of -$0.45 Per Share

Equities analysts predict that YRC Worldwide Inc (NASDAQ:YRCW) will report ($0.45) earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have issued estimates for YRC Worldwide’s earnings, with the lowest EPS estimate coming in at ($0.77) and the highest estimate coming in at ($0.24). YRC Worldwide posted earnings of ($0.70) per share during the same quarter last year, which suggests a positive year over year growth rate of 35.7%. The firm is scheduled to report its next earnings report on Thursday, May 3rd.

On average, analysts expect that YRC Worldwide will report full year earnings of $1.30 per share for the current financial year, with EPS estimates ranging from $0.30 to $1.79. For the next financial year, analysts forecast that the company will post earnings of $1.83 per share, with EPS estimates ranging from $1.20 to $2.28. Zacks’ EPS calculations are an average based on a survey of sell-side research firms that cover YRC Worldwide.

YRC Worldwide (NASDAQ:YRCW) last issued its quarterly earnings results on Thursday, February 1st. The transportation company reported ($0.23) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.26). The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.22 billion. YRC Worldwide had a negative return on equity of 1.26% and a negative net margin of 0.22%. The company’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.23) EPS.

A number of equities analysts recently weighed in on the company. Zacks Investment Research raised YRC Worldwide from a “hold” rating to a “buy” rating and set a $17.00 price target on the stock in a research note on Sunday, January 21st. Seaport Global Securities reissued a “neutral” rating on shares of YRC Worldwide in a research note on Friday, February 2nd. ValuEngine cut YRC Worldwide from a “hold” rating to a “sell” rating in a research note on Saturday, February 3rd. Stifel Nicolaus reissued a “buy” rating and issued a $18.00 price target (down previously from $19.00) on shares of YRC Worldwide in a research note on Thursday, October 19th. Finally, BidaskClub lowered YRC Worldwide from a “strong-buy” rating to a “buy” rating in a research report on Monday, February 5th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and five have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $18.00.

Shares of YRC Worldwide (NASDAQ YRCW) traded up $0.46 on Friday, reaching $10.09. The company had a trading volume of 1,599,031 shares, compared to its average volume of 1,026,654. The stock has a market cap of $338.20, a PE ratio of -28.83 and a beta of 3.86. YRC Worldwide has a 1 year low of $7.36 and a 1 year high of $17.61. The company has a debt-to-equity ratio of -2.26, a current ratio of 1.39 and a quick ratio of 1.39.

In other YRC Worldwide news, CEO James L. Welch sold 100,000 shares of the firm’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of $12.24, for a total transaction of $1,224,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Justin M. Hall acquired 5,000 shares of the firm’s stock in a transaction on Thursday, November 16th. The shares were acquired at an average price of $11.09 per share, with a total value of $55,450.00. The disclosure for this purchase can be found here. Company insiders own 3.70% of the company’s stock.

A number of hedge funds and other institutional investors have recently made changes to their positions in YRCW. Schwab Charles Investment Management Inc. boosted its position in YRC Worldwide by 27.3% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 228,829 shares of the transportation company’s stock worth $2,545,000 after acquiring an additional 49,092 shares during the period. Bank of New York Mellon Corp boosted its position in YRC Worldwide by 1.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 204,280 shares of the transportation company’s stock worth $2,272,000 after acquiring an additional 3,222 shares during the period. Alliancebernstein L.P. boosted its position in YRC Worldwide by 82.5% during the 2nd quarter. Alliancebernstein L.P. now owns 33,620 shares of the transportation company’s stock worth $374,000 after acquiring an additional 15,200 shares during the period. Teachers Advisors LLC lifted its holdings in shares of YRC Worldwide by 1.0% during the 2nd quarter. Teachers Advisors LLC now owns 62,884 shares of the transportation company’s stock valued at $699,000 after buying an additional 593 shares during the last quarter. Finally, TIAA CREF Investment Management LLC lifted its holdings in shares of YRC Worldwide by 3.6% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 180,422 shares of the transportation company’s stock valued at $2,006,000 after buying an additional 6,294 shares during the last quarter. Hedge funds and other institutional investors own 84.55% of the company’s stock.

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YRC Worldwide Company Profile

YRC Worldwide Inc is a holding company. The Company, through its subsidiaries, offers its customers a range of transportation services. The Company operates through two segments: YRC Freight and Regional Transportation. The Company has less-than-truckload (LTL) networks in North America with local, regional, national and international capabilities.

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Earnings History and Estimates for YRC Worldwide (NASDAQ:YRCW)

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