Wall Street brokerages expect YRC Worldwide Inc (NASDAQ:YRCW) to post sales of $1.31 billion for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for YRC Worldwide’s earnings, with estimates ranging from $1.30 billion to $1.33 billion. YRC Worldwide posted sales of $1.33 billion in the same quarter last year, which would suggest a negative year-over-year growth rate of 1.5%. The company is scheduled to report its next earnings report on Thursday, August 1st.

According to Zacks, analysts expect that YRC Worldwide will report full-year sales of $5.03 billion for the current financial year, with estimates ranging from $4.99 billion to $5.10 billion. For the next fiscal year, analysts anticipate that the firm will report sales of $5.19 billion, with estimates ranging from $5.17 billion to $5.21 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side research analysts that follow YRC Worldwide.

YRC Worldwide (NASDAQ:YRCW) last released its quarterly earnings data on Wednesday, May 8th. The transportation company reported ($1.48) earnings per share for the quarter, missing the consensus estimate of ($0.73) by ($0.75). The business had revenue of $1.18 billion during the quarter, compared to analyst estimates of $1.19 billion. YRC Worldwide had a negative net margin of 0.20% and a negative return on equity of 1.93%. The business’s quarterly revenue was down 2.7% compared to the same quarter last year. During the same period last year, the business earned ($0.44) earnings per share.

Several analysts recently weighed in on the company. Seaport Global Securities reaffirmed a “neutral” rating on shares of YRC Worldwide in a research note on Friday, April 5th. Stephens set a $5.00 price objective on YRC Worldwide and gave the company a “hold” rating in a research note on Friday, March 22nd. BidaskClub lowered YRC Worldwide from a “buy” rating to a “hold” rating in a research note on Tuesday, April 30th. Zacks Investment Research raised YRC Worldwide from a “hold” rating to a “buy” rating and set a $8.50 price objective on the stock in a research note on Friday, April 19th. Finally, ValuEngine raised YRC Worldwide from a “sell” rating to a “hold” rating in a research note on Tuesday, April 9th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $8.85.

Hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC boosted its stake in shares of YRC Worldwide by 32.5% during the third quarter. AQR Capital Management LLC now owns 55,160 shares of the transportation company’s stock valued at $495,000 after purchasing an additional 13,519 shares in the last quarter. Boston Partners boosted its stake in shares of YRC Worldwide by 68.9% during the fourth quarter. Boston Partners now owns 1,664,388 shares of the transportation company’s stock valued at $5,243,000 after purchasing an additional 678,706 shares in the last quarter. Alambic Investment Management L.P. boosted its stake in shares of YRC Worldwide by 3,366.7% during the fourth quarter. Alambic Investment Management L.P. now owns 695,767 shares of the transportation company’s stock valued at $2,192,000 after purchasing an additional 675,697 shares in the last quarter. Stone Ridge Asset Management LLC acquired a new stake in shares of YRC Worldwide during the fourth quarter valued at about $52,000. Finally, SG Americas Securities LLC acquired a new stake in shares of YRC Worldwide during the fourth quarter valued at about $98,000. 70.06% of the stock is currently owned by hedge funds and other institutional investors.

NASDAQ:YRCW traded up $0.43 during trading hours on Tuesday, hitting $5.36. The company’s stock had a trading volume of 1,218,800 shares, compared to its average volume of 1,015,464. The firm has a market capitalization of $197.06 million, a PE ratio of 11.91 and a beta of 4.69. YRC Worldwide has a twelve month low of $2.41 and a twelve month high of $11.76.

About YRC Worldwide

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.

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Earnings History and Estimates for YRC Worldwide (NASDAQ:YRCW)

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