YRC Worldwide, a large trucking company based in Overland Park, has missed a key deadline in its restructuring process and again is in danger of having to file for bankruptcy protection.

At just after 1:30 p.m. Monday, shares in Overland Park-based YRC Worldwide Inc. were trading at $1.22, down almost 7 percent. See the latest YRCW share price here. They had been down as much as 8.4 percent, according to Yahoo Yahoo Latest from The Business Journals Dwyane Wade sues hackers in Sherman courtFlat 2nd quarter expected from Yahoo Flat quarter expected from Yahoo Follow this company Finance.

Late Thursday, YRC had revealed financial projections that called for healthy increases in revenue and adjusted earnings, which would be a boost in light of ongoing efforts to restructure its finances and avoid bankruptcy. But an analyst note was skeptical.

The company estimated a 14 percent increase to $4.93 billion in 2011 revenue and a near tripling of earnings before interest, taxes, depreciation and amortization to $209.8 million.

Analyst Ed Wolfe of Wolfe Trahan & Co. questioned the projections in a research note released Friday.

“We also remain very skeptical of YRCW’s targets given its poor track record of hitting stated goals in the past,” the note read, adding that the company had an incentive to offer positive news because of a debt offer expiration.

Second-quarter trends have been above expectations, the note read, but the effect that has on YRC’s cash flow is unclear. Working capital has weighed on EBITDA, …

At just after 1:30 p.m. Monday, shares in Overland Park-based YRC Worldwide Inc. were trading at $1.22, down almost 7 percent. See the latest YRCW share price here. They had been down as much as 8.4 percent, according to Yahoo Yahoo Latest from The Business Journals Dwyane Wade sues hackers in Sherman courtFlat 2nd quarter expected from Yahoo Flat quarter expected from Yahoo Follow this company Finance.

Late Thursday, YRC had revealed financial projections that called for healthy increases in revenue and adjusted earnings, which would be a boost in light of ongoing efforts to restructure its finances and avoid bankruptcy. But an analyst note was skeptical.

The company estimated a 14 percent increase to $4.93 billion in 2011 revenue and a near tripling of earnings before interest, taxes, depreciation and amortization to $209.8 million.

Analyst Ed Wolfe of Wolfe Trahan & Co. questioned the projections in a research note released Friday.

“We also remain very skeptical of YRCW’s targets given its poor track record of hitting stated goals in the past,” the note read, adding that the company had an incentive to offer positive news because of a debt offer expiration.

Second-quarter trends have been above expectations, the note read, but the effect that has on YRC’s cash flow is unclear. Working capital has weighed on EBITDA, plus capital expenditures could rise, and pension expenses of as much as $8 million a month are set to resume in July, according to Wolfe.

During the past couple of years, the recession coupled with a heavy debt load propelled the trucking giant to slash costs, negotiate with lenders and seek concessions from union workers, among other efforts.

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