OVERLAND PARK, Kan. (AP) _ YRC Worldwide Inc. (YRCW) on Thursday reported third-quarter profit of $2.9 million.
The Overland Park, Kansas-based company said it had net income of 9 cents per share. Earnings, adjusted for non-recurring costs, came to 13 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 55 cents per share.
The trucking company posted revenue of $1.3 billion in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $1.29 billion.
YRC shares have declined 42 percent since the beginning of the year. The stock has decreased 38 percent in the last 12 months.
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