This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Why YRC Worldwide (YRCW) Is Gaining Today

NEW YORK (TheStreet) -- YRC Worldwide (YRCW) gained 14.9% to $26 Thursday after reporting fourth-quarter results that beat analyst estimates.

For the fourth quarter YRC posted a loss of $1.71 a share, compared to a loss of $4.53 a share in the year-ago quarter. Analysts surveyed by Thomson Reuters expected a loss of $2.77 a share. Revenue rose 3% from the year-ago quarter to $1.21 billion, while analysts expected revenue of $1.18 billion.

YRC was able to post a profit of $400,000 for the quarter, compared to a loss of $35.3 million in the year-ago quarter. "For the first time in the last five years, we do not have the overhang of any near-term debt maturities," CEO James Welch said in a statement.

The trucking company recently reached a deal with the Teamsters Union that extended the company's labor contract until 2019. The extended contract helped the YRC restructure its $1.36 billion debt.

Must Read: Why Kodiak Oil & Gas (KOG) Is Plunging Aftermarket

Must read: 5 Stocks Insiders Love Right Now

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

YRCW ChartYRCW data by YCharts

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
YRCW $8.66 -0.46%
AAPL $94.21 -1.00%
FB $117.87 0.37%
GOOG $697.09 0.68%
TSLA $226.87 -2.30%


Chart of I:DJI
DOW 17,662.16 -88.75 -0.50%
S&P 500 2,049.44 -13.93 -0.68%
NASDAQ 4,727.7830 -35.4410 -0.74%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs