Yellow (YELL) Scheduled to Post Quarterly Earnings on Wednesday

Yellow (NASDAQ:YELL – Get Rating) will be issuing its quarterly earnings data after the market closes on Wednesday, August 3rd. Analysts expect the company to announce earnings of $0.35 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Yellow (NASDAQ:YELL – Get Rating) last announced its quarterly earnings data on Tuesday, May 10th. The company reported ($0.54) earnings per share for the quarter, missing the consensus estimate of ($0.27) by ($0.27). The company had revenue of $1.26 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same period in the prior year, the company posted ($1.26) EPS. The firm’s revenue was up 5.2% compared to the same quarter last year. On average, analysts expect Yellow to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Yellow Price Performance

Shares of YELL stock opened at $4.82 on Monday. Yellow has a twelve month low of $2.82 and a twelve month high of $15.24. The company has a market cap of $248.32 million, a P/E ratio of -3.35 and a beta of 3.07. The business has a fifty day simple moving average of $3.56 and a 200 day simple moving average of $6.05.

Insider Buying and Selling

In other Yellow news, VP Leah K. Dawson acquired 9,202 shares of the company’s stock in a transaction that occurred on Wednesday, May 18th. The stock was acquired at an average cost of $4.12 per share, for a total transaction of $37,912.24. Following the transaction, the vice president now directly owns 180,919 shares in the company, valued at $745,386.28. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, COO Darrel Harris bought 18,844 shares of the stock in a transaction on Friday, May 13th. The stock was acquired at an average price of $3.95 per share, with a total value of $74,433.80. Following the acquisition, the chief operating officer now directly owns 373,904 shares in the company, valued at $1,476,920.80. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Leah K. Dawson bought 9,202 shares of the stock in a transaction on Wednesday, May 18th. The stock was purchased at an average cost of $4.12 per share, with a total value of $37,912.24. Following the acquisition, the vice president now owns 180,919 shares in the company, valued at $745,386.28. The disclosure for this purchase can be found here. Insiders acquired a total of 166,994 shares of company stock worth $637,260 in the last ninety days. 3.10% of the stock is owned by insiders.

Hedge Funds Weigh In On Yellow

A number of institutional investors and hedge funds have recently bought and sold shares of YELL. Point72 Hong Kong Ltd acquired a new position in Yellow in the 1st quarter worth about $45,000. PDT Partners LLC acquired a new stake in shares of Yellow in the first quarter valued at about $71,000. Prudential Financial Inc. acquired a new stake in shares of Yellow in the first quarter valued at about $238,000. Rhumbline Advisers increased its stake in shares of Yellow by 6.7% in the first quarter. Rhumbline Advisers now owns 64,099 shares of the company’s stock valued at $449,000 after buying an additional 4,035 shares during the period. Finally, Goldman Sachs Group Inc. increased its stake in shares of Yellow by 11.9% in the first quarter. Goldman Sachs Group Inc. now owns 152,026 shares of the company’s stock valued at $1,066,000 after buying an additional 16,175 shares during the period. Institutional investors and hedge funds own 48.50% of the company’s stock.

Yellow Company Profile

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Yellow Corporation, through its subsidiaries, provides various transportation services primarily in North America. The company primarily offers less-than-truckload (LTL) shipments and supply chain solutions to transport industrial, commercial, and retail goods. It also provides customer-specific logistics solutions, including truckload, residential, and warehouse solutions, as well as ships apparels, appliances, automotive parts, chemicals, food, furniture, glass, machinery, metal, metal products, non-bulk petroleum products, rubber, textiles, wood, and other manufactured products or components.