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Freightmaster1

Freightmaster1

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Q2 Earnings Outlook For YRC Worldwide
Benzinga News Desk



August 08, 2019 2:33pm 2 min read Comments

YRC Worldwide YRCW 7.14% will be releasing its next round of earnings this Friday, August 9. For all of the relevant information, here is your guide for the Q2 earnings announcement.

Earnings and Revenue
Based on YRC Worldwide management projections, analysts predict an EPS loss of 6 cents on revenue of $1.29 billion.

In the same quarter last year, YRC Worldwide reported EPS of 43 cents on revenue of $1.33 billion. Sales would be down 2.79% on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:



Quarter Q1 2019 Q4 2018 Q3 2018 Q2 2018
EPS Estimate -0.690 0.35 0.5 0.46
EPS Actual -0.940 0.64 0.16 0.43
Stock Performance
Over the past 52-week period, shares of YRC Worldwide have declined 65.51%. Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The most common rating from analysts on YRC Worldwide stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call
YRC Worldwide is scheduled to hold a conference call at 9:30 a.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/tq59qsz4

Posted-In: Earnings News
https://www.benzinga.com/news/earnings-previews/19/08/14233138/earnings-outlook-for-yrc-worldwide
:101:
 
Financial Highlights"

  • In second quarter 2019, net loss was $23.6 million compared to net income of $14.4 million in second quarter 2018.
  • On a non-GAAP basis, the Company generated consolidated Adjusted EBITDA of $57.6 million in second quarter 2019, a decrease of $43.2 million compared to $100.8 million for the same period in 2018 (as detailed in the reconciliation below). Last twelve month (LTM) consolidated Adjusted EBITDA was $278.7 million compared to $286.4 million a year ago.
  • Second quarter operating results include one-time charges for vacation benefits relating to 2018 and first quarter 2019 totaling $8.4 million and $4.0 million, respectively, provided for in the new labor agreement. In accordance with the definition of Adjusted EBITDA pursuant to our credit facility agreement, a portion of the 2018 charge, $4.2 million, was added back to Adjusted EBITDA in second quarter, with the remaining amount being added back proportionately through the next two quarters in 2019.
  • The total debt-to-Adjusted EBITDA ratio for second quarter 2019 improved to 3.12 times compared to 3.18 times for second quarter 2018.
  • Investment in the business continued with $38.0 million in capital expenditures and new operating leases for revenue equipment with a capital value equivalent of $52.6 million, for a total of $90.6 million, which is equal to 7.1% of operating revenue for second quarter 2019. The majority of the investment was in tractors, trailers and technology.
  • In second quarter 2019, workers’ compensation expense increased $8.5 million compared to the second quarter 2018, largely due to adverse development of claims related to current and prior years.
https://finance.yahoo.com/news/yrc-worldwide-reports-second-quarter-124500145.html
 
Operational Highlights

  • The consolidated operating ratio for the second quarter 2019 was 98.9 compared to 96.2 in second quarter 2018. The operating ratio at YRC Freight was 98.0 compared to 96.8 for the same period in 2018. The Regional segment’s second quarter 2019 operating ratio was 99.4 compared to 94.1 a year ago.
  • At YRC Freight, second quarter 2019 less-than-truckload (LTL) revenue per hundredweight, including fuel surcharge, increased 4.3% and LTL revenue per shipment increased 2.6% when compared to the same period in 2018. Excluding fuel surcharge, LTL revenue per hundredweight increased 4.8% and LTL revenue per shipment increased 3.0%.
  • At the Regional segment, second quarter 2019 LTL revenue per hundredweight, including fuel surcharge, increased 1.4% and LTL revenue per shipment increased 1.6% when compared to the same period in 2018. Excluding fuel surcharge, LTL revenue per hundredweight increased 1.8% and LTL revenue per shipment increased 2.0%.
  • Second quarter 2019 LTL tonnage per day decreased 6.8% at YRC Freight and decreased 4.9% at the Regional segment compared to second quarter 2018.
  • Total shipments per day for the second quarter 2019 declined 5.1% at YRC Freight and 5.4% at the Regional segment.
 
Freightmaster1 said:
Q2 Earnings Outlook For YRC Worldwide
Benzinga News Desk



August 08, 2019 2:33pm 2 min read Comments

YRC Worldwide YRCW 7.14% will be releasing its next round of earnings this Friday, August 9. For all of the relevant information, here is your guide for the Q2 earnings announcement.

Earnings and Revenue
Based on YRC Worldwide management projections, analysts predict an EPS loss of 6 cents on revenue of $1.29 billion.

In the same quarter last year, YRC Worldwide reported EPS of 43 cents on revenue of $1.33 billion. Sales would be down 2.79% on a year-over-year basis. Here's how the company's reported EPS has stacked up against analyst estimates in the past:



Quarter Q1 2019 Q4 2018 Q3 2018 Q2 2018
EPS Estimate -0.690 0.35 0.5 0.46
EPS Actual -0.940 0.64 0.16 0.43
Stock Performance
Over the past 52-week period, shares of YRC Worldwide have declined 65.51%. Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. The most common rating from analysts on YRC Worldwide stock is a Neutral. The strength of this rating has maintained conviction over the past three months.

Conference Call
YRC Worldwide is scheduled to hold a conference call at 9:30 a.m. ET and can be accessed here: https://edge.media-server.com/mmc/p/tq59qsz4

Posted-In: Earnings News
https://www.benzinga.com/news/earnings-previews/19/08/14233138/earnings-outlook-for-yrc-worldwide
:101:
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"At June 30, 2019, the Company’s outstanding debt was $865.0 million, a decrease of $45.7 million compared to $910.7 million as of June 30, 2018."
 
realityofitall said:
You dont. Most are insolvent and getting 25,% for the last 10 years has destroyed your ability to retire now or in 5 years.
Click to expand...
We have a Pension
You just don't like the terms
You don't like the pay
You don't like the contract
You don't like the company
You don't like your last turd
Or the one before that
You don't like the glass
Its always half empty
You hate the restaurant the food and especially the waiters but you eat there 5 days a week
It's too hot in the summer
Too cold in the winter
Rain too much in the spring
Too many leaves to take in the fall
Even You gotta agree that you're at least coming up to close to being due for a semi positive response to something
Not even optimistic
Just semi
 
No what you dont get is no one is starting over when they have multiple weeks of vacation a day bid and seniority. Get ready for that mou to come back.
 
realityofitall said:
No what you dont get is no one is starting over when they have multiple weeks of vacation a day bid and seniority. Get ready for that mou to come back.
Click to expand...
Oh now you wanna stick in a quick jab of common sense before your negativity
But anyway none of all that should be worth your happiness in life
You been ringing the bells of praise for UPS for 2 years straight now THAT I KNOW OF
You could have 2 years of seniority and be well on your way by now
But you rather be on your 15th year of the same crybaby tantrum when the next contract comes up
15!!!!!!Years!!!!!!
We do have good insurance
Use it to get your head checked
You're sick Brother
 
Time for -15% less Synergies and management !!
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oneofus said:
Oh now you wanna stick in a quick jab of common sense before your negativity
But anyway none of all that should be worth your happiness in life
You been ringing the bells of praise for UPS for 2 years straight now THAT I KNOW OF
You could have 2 years of seniority and be well on your way by now
But you rather be on your 15th year of the same crybaby tantrum when the next contract comes up
15!!!!!!Years!!!!!!
We do have good insurance
Use it to get your head checked
You're sick Brother
Click to expand...
Not sick, One. He is afraid to go anywhere else mostly because he would not be able to get away with not doing his job, and hiding behind the Union skirt that protects deadbeats like him.
 
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