$0.11 EPS Expected for YRC Worldwide Inc (YRCW) This Quarter

Analysts expect YRC Worldwide Inc (NASDAQ:YRCW) to report $0.11 earnings per share (EPS) for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for YRC Worldwide’s earnings, with the highest EPS estimate coming in at $0.50 and the lowest estimate coming in at ($0.20). YRC Worldwide posted earnings of $0.04 per share during the same quarter last year, which suggests a positive year over year growth rate of 175%. The firm is expected to report its next quarterly earnings results on Thursday, February 7th.

On average, analysts expect that YRC Worldwide will report full-year earnings of $0.92 per share for the current year. For the next financial year, analysts anticipate that the firm will report earnings of $1.14 per share, with EPS estimates ranging from $0.81 to $1.97. Zacks’ earnings per share averages are an average based on a survey of sell-side analysts that cover YRC Worldwide.

YRC Worldwide (NASDAQ:YRCW) last released its earnings results on Thursday, November 1st. The transportation company reported $0.13 earnings per share for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.42). YRC Worldwide had a negative net margin of 0.09% and a negative return on equity of 1.64%. The firm had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same quarter last year, the firm posted $0.09 EPS. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year.

A number of research analysts recently weighed in on the stock. ValuEngine upgraded shares of YRC Worldwide from a “strong sell” rating to a “sell” rating in a research note on Wednesday, November 21st. BidaskClub cut shares of YRC Worldwide from a “sell” rating to a “strong sell” rating in a research note on Tuesday, September 25th. Stifel Nicolaus cut shares of YRC Worldwide from a “buy” rating to a “hold” rating and set a $7.00 target price on the stock. in a research note on Friday, November 9th. Deutsche Bank upgraded shares of YRC Worldwide from a “hold” rating to a “buy” rating and set a $13.00 target price on the stock in a research note on Tuesday, August 21st. Finally, Loop Capital assumed coverage on shares of YRC Worldwide in a research note on Monday, October 1st. They set a “buy” rating and a $18.00 target price on the stock. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $15.20.

A number of hedge funds have recently made changes to their positions in YRCW. Hartford Investment Management Co. purchased a new stake in YRC Worldwide in the 2nd quarter worth $196,000. Acadian Asset Management LLC lifted its stake in YRC Worldwide by 67.7% in the 2nd quarter. Acadian Asset Management LLC now owns 40,817 shares of the transportation company’s stock worth $410,000 after purchasing an additional 16,480 shares in the last quarter. Algert Global LLC bought a new stake in shares of YRC Worldwide in the 2nd quarter worth about $237,000. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of YRC Worldwide by 41.9% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 369,350 shares of the transportation company’s stock worth $3,712,000 after buying an additional 109,150 shares during the last quarter. Finally, IndexIQ Advisors LLC increased its holdings in shares of YRC Worldwide by 6.3% in the 2nd quarter. IndexIQ Advisors LLC now owns 247,723 shares of the transportation company’s stock worth $2,490,000 after buying an additional 14,671 shares during the last quarter. Institutional investors and hedge funds own 79.13% of the company’s stock.

Shares of YRCW traded down $0.06 during trading hours on Monday, reaching $5.66. 1,009,954 shares of the stock traded hands, compared to its average volume of 944,680. YRC Worldwide has a 52-week low of $5.57 and a 52-week high of $17.61. The stock has a market cap of $193.61 million, a price-to-earnings ratio of 37.73 and a beta of 3.76.

YRC Worldwide Company Profile

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 and Estimates for YRC Worldwide (NASDAQ:YRCW)

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