Wall Street brokerages expect YRC Worldwide Inc (NASDAQ:YRCW) to report earnings per share (EPS) of $0.20 for the current quarter, according to Zacks. Three analysts have issued estimates for YRC Worldwide’s earnings, with estimates ranging from $0.04 to $0.50. YRC Worldwide reported earnings per share of $0.04 during the same quarter last year, which suggests a positive year-over-year growth rate of 400%. The company is expected to announce its next earnings report on Thursday, February 7th.

On average, analysts expect that YRC Worldwide will report full year earnings of $0.75 per share for the current fiscal year, with EPS estimates ranging from $0.58 to $0.92. For the next financial year, analysts expect that the company will post earnings of $1.36 per share, with EPS estimates ranging from $0.86 to $1.97. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for YRC Worldwide.

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

YRCW has been the subject of a number of research reports. Loop Capital initiated coverage on shares of YRC Worldwide in a research note on Monday, October 1st. They issued a “buy” rating and a $18.00 price target for the company. Deutsche Bank raised shares of YRC Worldwide from a “hold” rating to a “buy” rating and set a $13.00 price target for the company in a research note on Tuesday, August 21st. Stifel Nicolaus decreased their price target on shares of YRC Worldwide from $17.00 to $15.00 and set a “buy” rating for the company in a research note on Friday, August 3rd. Finally, BidaskClub downgraded shares of YRC Worldwide from a “hold” rating to a “sell” rating in a research note on Wednesday, August 1st. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $15.20.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Paloma Partners Management Co bought a new position in shares of YRC Worldwide during the second quarter valued at approximately $120,000. Sigma Planning Corp bought a new position in shares of YRC Worldwide during the second quarter valued at approximately $132,000. Keybank National Association OH bought a new position in shares of YRC Worldwide during the second quarter valued at approximately $141,000. AMP Capital Investors Ltd bought a new position in shares of YRC Worldwide during the second quarter valued at approximately $152,000. Finally, Symons Capital Management Inc. bought a new position in shares of YRC Worldwide during the third quarter valued at approximately $141,000. 77.97% of the stock is owned by institutional investors and hedge funds.

YRCW stock traded down $0.96 during trading on Friday, reaching $5.96. The company had a trading volume of 2,152,281 shares, compared to its average volume of 915,886. YRC Worldwide has a 52 week low of $5.82 and a 52 week high of $17.61. The company has a market cap of $226.45 million, a P/E ratio of 41.81 and a beta of 3.76.

About YRC Worldwide

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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