YRC Worldwide, Inc. (YRCW) Misses Q2 EPS by 15c

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YRC Worldwide Reports 2014 Second Quarter Results

July 31, 2014 4:05 PM EDT

OVERLAND PARK, Kan., July 31, 2014 (GLOBE NEWSWIRE) -- YRC Worldwide Inc. (Nasdaq: YRCW) today reported financial results for the second quarter of 2014.

Consolidated operating revenue for the second quarter of 2014 was $1.318 billion with consolidated operating income reported at $20.0 million, which included a $6.5 million gain on asset disposals. As a comparison, the company reported consolidated operating revenue of $1.243 billion for the second quarter of 2013 and consolidated operating income of $14.3 million, which included a $1.3 million loss on asset disposals.

The company reported, on a non-GAAP basis, adjusted EBITDA of $63.0 million for the second quarter of... More