YRC Worldwide (YRCW) Tops Q3 EPS by 2c

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Go back to YRC Worldwide (YRCW) Tops Q3 EPS by 2c

YRC Worldwide Reports 2014 Third Quarter Results

October 30, 2014 4:02 PM EDT

OVERLAND PARK, Kan., Oct. 30, 2014 (GLOBE NEWSWIRE) -- YRC Worldwide Inc. (Nasdaq: YRCW) today reported financial results for the third quarter of 2014.

Consolidated operating revenue for the third quarter of 2014 was $1.323 billion, $70.0 million or 5.6% higher than the $1.253 billion reported in the third quarter of 2013. At the same time, consolidated operating income increased from $5.8 million to $26.7 million, a $20.9 million increase from the third quarter of 2013. Operating income in 2014 included a $0.2 million loss on asset disposals compared to a $1.3 million loss on asset disposals in 2013.

The company also reported, on a non-GAAP basis, adjusted EBITDA... More