YRC Worldwide Boosts Second-Quarter Earnings Guidance
RC Worldwide boosted its second-quarter earnings guidance Wednesday to a range of $1.53 to $1.58 per share, up from its previous guidance of $1.45 to $1.50.
The guidance excludes estimated costs of 4 cents a share related to reorganization expenses and gains on property disposals. Including those costs, earnings will be $1.49 to $1.54, the company said.
YRC said it will update its full-year guidance when it announces its second-quarter results in late July.
YRC, parent of less-than-truckload carriers Yellow Transportation, Roadway Corp. and YRC Regional Transportation, is ranked No. 3 on the Transport Topics 100 listing of North American for-hire carriers.
