YRC Worldwide Inc. Profit Retreats 9% In Q3

(RTTNews) - YRC Worldwide Inc. (YRCW) revealed earnings for third quarter that fell compared to the same period last year.

The company said its profit came in at $16.2 million, or $0.42 per share. This was lower than $17.9 million, or $0.61 per share, in last year's third quarter.

Analysts had expected the company to earn $0.53 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 1.6% to $1.22 billion. This was down from $1.24 billion last year.

YRC Worldwide Inc. earnings at a glance:

-Earnings (Q3): $16.2 Mln. vs. $17.9 Mln. last year. -Earnings Decline (Y-o-Y): -9.5% -EPS (Q3): $0.42 vs. $0.61 last year. -EPS Decline (Y-o-Y): -31.1% -Analysts Estimate: $0.53 -Revenue (Q3): $1.22 Bln vs. $1.24 Bln last year. -Revenue Change (Y-o-Y): -1.6%