YRC Worldwide said it had a second-quarter loss of a penny a share, narrower than the Thomson Reuters average estimate for a loss of 8 cents a share. However, revenue fell 8.7% from a year ago to $1.12 billion, slightly below the consensus target of $1.19 billion.
Last month, YRC Worldwide said it expected to swing to a second-quarter pre-tax profit from a first-quarter pre-tax loss.
Shares of YRC Worldwide fell by 3.5 cents, or 8.6%, to 37.5 cents. Volume topped 103.18 million shares, compared to the average daily share volume of 90.18 million.
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