Citing a “tremendous amount of uncertainty surrounding COVID-19 and the rapidly changing environment,” management on YRC Worldwide’s (NASDAQ: YRCW) first-quarter 2020 earnings call excluded questions from analysts.
The less-than-truckload (LTL) carrier reported net income of $4.3 million in first quarter 2020, 12 cents per share on a diluted basis and well ahead of the consensus estimate of a 57-cent-per-share loss. The result included $39.3 million in gains on property sales versus a $1.6...
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