EdgeWater 11/19/2010 12:04:22 AM
News / Business

Notable Service Sector Stocks (WFMI, HTZ, YRCW)

Notable Service Sector Stocks

Whole Foods Market, Inc. (NASDAQ:WFMI) slid 0.91% to $45.64. This month, the firm reported Wednesday a 58% leap in its quarterly profit and raised its 2011 outlook.

The company said net income was $57.5 million, or 33 cents per share, for the fiscal fourth quarter ended Sept. 26, compared with $36.4 million, or 20 cents, a year earlier.

Analysts were on average expecting for a per-share profit of 28 cents, according to Thomson Reuters.

The stock went up more than 66% year-to-date.

Hertz Global Holdings, Inc. (NYSE:HTZ) added 0.43% to $11.79. This month, the company reported third quarter 2010 worldwide revenues of $2.2 billion, an increase of 7.1% year-over-year. Worldwide car rental revenues for the quarter increased 8.3% to $1.9 billion. Revenues from worldwide equipment rental for the third quarter were $281.2 million, up 0.2% over the prior year period.

Over the past 52-week, the stock had traded within the range of $8.36-$15.60.

YRC Worldwide Inc. (NASDAQ:YRCW) dropped 4.30% and closed at $3.56. This month, the company reported third quarter net loss of $62 million or $1.33 per share, narrower than $159 million or $66.66 per share last year.

Analysts polled by Thomson Reuters expected the company to report loss of $1.31 per share for the quarter. Analysts’ estimates typically exclude special items.

Operating revenues declined to $1.14 billion from $1.20 billion last year. Analysts estimated revenues of $1.14 billion for the quarter.

Over the past 52-week, the stock had traded within the range of $2.53-$32.50. 

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