Yellow Corporation (YELL) Tops Q3 EPS by 15c

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Yellow Corporation Reports Third Quarter 2021 Results

November 3, 2021 4:01 PM EDT

The Best Operating Ratio Reported in Nearly Three Years

OVERLAND PARK, Kan., Nov. 03, 2021 (GLOBE NEWSWIRE) -- Yellow Corporation (NASDAQ: YELL) reported results for the third quarter ended September 30, 2021. Operating revenue was $1.301 billion and operating income was $48.4 million. In comparison, operating revenue in the third quarter 2020 was $1.183 billion and operating income was $19.4 million.

Net income for third quarter 2021 was $8.3 million, or $0.16 per share, compared to net loss of $2.0 million, or $0.04 per share in third quarter 2020.

On a non-GAAP basis, the Company generated... More