YRC: 2Q Earnings Snapshot
OVERLAND PARK, Kan. (AP) _ YRC Worldwide Inc. (YRCW) on Thursday reported second-quarter profit of $14.4 million.
On a per-share basis, the Overland Park, Kansas-based company said it had net income of 43 cents.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 49 cents per share.
The trucking company posted revenue of $1.33 billion in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $1.32 billion.
YRC shares have fallen 36 percent since the beginning of the year. The stock has fallen 28 percent in the last 12 months.