YRC Worldwide Fourth Quarter Earnings Sneak Peek

YRC Worldwide, Inc. (NASDAQ:YRCW) will unveil its latest earnings on Friday, November 2, 2012. YRC Worldwide is a holding company that through its subsidiaries offers a range of transportation services.

YRC Worldwide, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net loss of $3.79 per share, a narrower loss from the year-earlier quarter net loss of $115.15. During the past three months, the average estimate has moved down from a loss of $1.68. Between one and three months ago, the average estimate moved down. It has risen from a loss of $3.80 during the last month.

Past Earnings Performance: For the past three quarters, the company’s quarterly results have come in below analyst’s expectations. Last quarter, the company reported a loss of $3.21 per share versus a mean estimate of net loss of $2.49 per share.

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A Look Back: In the third quarter, the company’s loss widened to a loss of a $119.8 million ($153 a share) from a loss of $61.7 million ($399) a year earlier, missing analyst expectations. Revenue rose 12.3% to $1.28 billion from $1.14 billion.

Analyst Ratings: There are mostly holds on the stock with three of five analysts surveyed giving that rating.

Wall St. Revenue Expectations: Analysts predict a decline of 0.8% in revenue from the year-earlier quarter to $1.27 billion.

Key Stats:

On the top line, the company is looking to build on three-straight revenue increases heading into this earnings announcement. Revenue increased 5.6% in the first quarter and 12.3% in the second quarter before climbing again in the third quarter.

Balance Sheet Analysis: The company’s current ratio of assets to liabilities came in at 1.39 last quarter. The current ratio is an indication of a firm’s liquidity and ability to meet creditor demands and generally, for every dollar the company owes in the short term, it has that figure available in assets that can be converted to cash in the short term.

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(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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