YRC Worldwide Inc. Reports 1550% Gain In Q3 Profit

(RTTNews) - YRC Worldwide Inc. (YRCW) revealed earnings for its third quarter that increased from last year.

The company said its bottom line climbed to $19.8 million, or $0.62 per share. This was up from $1.2 million, or $0.04 per share, in last year's third quarter.

Analysts had expected the company to earn $0.43 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 6.1% to $1.24 billion. This was down from $1.32 billion last year.

YRC Worldwide Inc. earnings at a glance:

-Earnings (Q3): $19.8 Mln. vs. $1.2 Mln. last year. -Earnings Growth (Y-o-Y): 1550.0% -EPS (Q3): $0.62 vs. $0.04 last year. -EPS Growth (Y-o-Y): 1450.0% -Analysts Estimate: $0.43 -Revenue (Q3): $1.24 Bln vs. $1.32 Bln last year. -Revenue Change (Y-o-Y): -6.1%