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Thread: YRC Worldwide Reports Second Quarter 2019 Results

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    Getting In The Groove Now.

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    Default YRC Worldwide Reports Second Quarter 2019 Results

    OVERLAND PARK, Kan., August 9, 2019 -- YRC Worldwide Inc. (NASDAQ: YRCW) reported consolidated operating revenue for second quarter 2019 of $1.273 billion and consolidated operating income of $14.3 million, which included a $6.2 million net gain on property disposals. Operating income for second quarter 2019 includes a one-time charge for vacation benefits of $12.4 million related to prior periods as a result of the new labor agreement. As a comparison, for the second quarter 2018, the Company’s results included operating revenue of $1.327 billion and consolidated operating income of $50.9 million, which included a $2.2 million net loss on property disposals

    2Q Loss/Shr 71c $23.6M

    http://investors.yrcw.com/static-fil...9-ede1f6d85105

  2. #2
    Getting In The Groove Now.

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    Default Re: YRC Worldwide Reports Second Quarter 2019 Results

    Lol,unless you had some back then. Then it's sickening.

    Shares traded down more than 20 percent in late morning trading, and are off from a level of $10.31 reached in late August 2018. Earlier in the decade, YRC executed two "reverse" stock splits which eliminated massive amounts of supply from the marketplace. Adjusted for those splits, YRC shares traded, as of April 2005, at more than $443,000 a share.
    https://finance.yahoo.com/news/yrc-c...192236766.html
    222lifer likes this.

 

 

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