default_image
© Khunaspix Dreamstime.

YRC Worldwide: “On January 11, 2019, YRC Worldwide Inc. announced its preliminary unaudited results and earnings expectations for the three months ended December 31, 2018. For the three months ended December 31, 2018, the Company anticipates reporting consolidated operating revenue of approximately $1.2 billion to $1.3 billion and consolidated operating income of approximately $55.0 million to $65.0 million, which will include an approximate $28.0 million gain on property sales. This compares to consolidated operating revenue for the three months ended December 31, 2017 of $1.2 billion with consolidated operating income of $22.1 million, which included a $3.6 million gain on property disposals.”

Shares up 21.2% on Friday, 11 January.

Our previous coverage can be found here.

 

 

Comment on this article


You must be logged in to post a comment.