A Sneak Peek At YRC Worldwide, Inc. ($YRCW) 3Q20 Earnings

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YRC Worldwide, Inc. (NASDAQ:YRCW) is expected to report third quarter earnings results, after market close, on Monday 2nd November 2020.

Analysts polled by Thomson Reuters anticipate third quarter loss of $ 0.28 per share.

Looking ahead, the full year loss are expected at $ 1.43 per share on the revenues of $ 4468.70 million.

Previous Quarter Performance

YRC Worldwide, Inc. outlined loss for the second quarter of $ 1.09 per share, from the revenue of $ 1,015.00 million. The quarterly revenues decreased 20.24 percent compared with the same quarter last year. Wall street analysts are predicting, YRCW to report 2Q20 loss of $ 1.38 per share from revenue of $ 1013.20 million. The bottom line results beat street analysts by $ 0.29 or 21.01 percent, at the same time, top line results outshined analysts by $ 1.80 million or 0.18 percent.

Stock Performance

On Friday, shares of YRC Worldwide, Inc. has traded high as $ 4.09 and has cracked $ 3.86 on the downward trend, reaching $ 3.92 with volume of 891.40 thousand shares.

According to the previous trading day, closing price of $ 3.92, representing a 218.60 % increase from the 52 week low of $ 1.29 and a 27.26 % decrease over the 52 week high of $ 5.65.

The company has a market capital of $ 209.36 million and is part of the Industrials sector and Trucking industry.

Conference Call

YRC Worldwide, Inc. will be hosting a conference call at 5:00 PM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.yrcw.com

YRC Worldwide Inc., through its subsidiaries, provides a range of transportation services primarily in North America. The company operates in two segments, YRC Freight and Regional Transportation. The 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.