YRC Worldwide (YRCW) Misses Q3 EPS by 19c, Revenues In-Line

YRC Worldwide (NASDAQ: YRCW) reported Q3 EPS of $0.09, $0.19 worse than the analyst estimate of $0.28. Revenue for the quarter came in at $1.25 billion versus the consensus estimate of $1.25 billion.

Financial Highlights

• Net income in third quarter 2017 was $3.0 million compared to $13.9 million in third quarter 2016.
• On a non-GAAP basis, the Company generated consolidated Adjusted EBITDA of $81.4 million in third quarter 2017 compared to $85.5 million in the prior year comparable quarter (as detailed in the reconciliation below).
• Last twelve month (LTM) consolidated Adjusted EBITDA is $273.4 million compared to $305.8 million in 2016.
• The total debt-to-Adjusted EBITDA ratio for third quarter 2017 was 3.52 times compared to 3.45 times for third quarter 2016.
• Reinvestment in the business continued during third quarter 2017 with $31.9 million in capital expenditures and new operating leases for revenue equipment with a capital value equivalent of $15.9 million, for a total of $47.8 million.

For earnings history and earnings-related data on YRC Worldwide (YRCW) click here.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• SVB & T Corporation (SVBT) Tops Q2 EPS by 275c
• SanDisk upgraded at JPMorgan after investor day; shares climb