![]() ![]() Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Clearly, recent earnings estimate revisions suggest that good things are ahead for YRC Worldwide, and that a beat might be in the cards for the upcoming report. Given that YRCW has a Zacks Rank #3 (Hold) and an ESP in positive territory, investors might want to consider this stock ahead of earnings. Our recent 10 year backtest shows that stocks that have a positive Earnings ESP and a Zacks Rank #3 (Hold) or better show a positive surprise nearly 70% of the time, and have returned over 28% on average in annual returns (see more Top Earnings ESP stocks here). This suggests that analysts have very recently bumped up their estimates for YRCW, giving the stock a significant Zacks Earnings ESP heading into earnings season.Ī positive reading for the Zacks Earnings ESP has proven to be very powerful in producing both positive surprises, and outperforming the market. In fact, the Most Accurate Estimate for the current quarter is currently at 26 cents per share for YRCW, compared to a broader Zacks Consensus Estimate of 9 per share. After all, analysts raising estimates right before earnings-with the most up-to-date information possible-is a pretty good indicator of some favorable trends underneath the surface for YRCW in this report. YRC Worldwide is currently trading at 1.65 with 890,687. That is because YRC Worldwide is seeing favorable earnings estimate revision activity as of late, which is generally a precursor to an earnings beat. YRC Worldwide (Nasdaq:YRCW) hit a new 52-week low Wednesday as it changed hands at 1.65 compared with its previous 52-week low of 2.01. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report. This page (NASDAQ:YRCW) was last updated on by Staff. The US Treasury is giving a 700 million loan to YRC Worldwide, a troubled trucking company that warned in May it was in danger of going out of business. The official website for the company is The transportation company can be reached via phone at 91 or via email at. After markets closed Thursday, YRC reported a fourth-quarter loss of 37 cents per share on revenue of 1.165 billion, missing analyst estimates for earnings by 13 cents per share on revenue that was slightly higher than expected. YRC Worldwide's mailing address is 10990 ROE AVENUE, OVERLAND PARK KS, 66211. Investors are always looking for stocks that are poised to beat at earnings season and YRC Worldwide Inc. It's been a good environment for transportation companies, but YRC continues to sputter. ![]()
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