YRC Worldwide Earnings Review: 38 Days After Announcement Shares Down 56.67% (YRCW)
Sunday 06/13/2010 4:24 PM ET - Comtex Smartrend(r)
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Symbol Last %Chg
YRCW 0.23 13.08%
As of 4:00 PM ET 6/11/10When YRC Worldwide (NASDAQ:YRCW) reported earnings 38 days ago on May 04, 2010, analysts, on average, expected the company to report a loss of $0.46 on sales of $1.1 billion.
The company actually reported a loss of $0.51 on sales of $1.1 billion, missing EPS estimates by $0.05 and missing revenues estimates by $48 million.
Since the company's report, share of YRC Worldwide have fallen from $0.51 to $0.22, representing a loss of 56.67% in the past 38 days.
SmarTrend is bearish on shares of YRC Worldwide and our subscribers were alerted to Sell on May 05, 2010 at $0.49. The stock has fallen 54.9% since the alert was issued.
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