YRC Worldwide is Among the Companies in the Trucking Industry With the Highest Future Earnings Growth (YRCW, HTZ, ABFS, CNW, QLTY)
Written on Fri, 05/15/2015 - 6:27am
By Amy Schwartz
Below are the three companies in the Trucking industry with the highest future earnings growth. The growth of earnings per share (next fiscal year estimated vs. current fiscal year estimated) is important to gauge future profitability and relative value. Higher EPS growth generally justifies higher earnings multiples.
YRC Worldwide ranks highest with a future earnings growth of 314.6%. Hertz Global is next with a future earnings growth of 74.7%. Arkansas Best ranks third highest with a future earnings growth of 24.5%.
Con-way follows with a future earnings growth of 19.3%, and Quality Distribution rounds out the top five with a future earnings growth of 18.7%.
SmarTrend recommended that its subscribers protect gains by selling shares of YRC Worldwide on April 2nd, 2015 by issuing a Downtrend alert when the shares were trading at $17.30. Since that call, shares of YRC Worldwide have fallen 15.6%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.
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