UPDATE 2-Yellow Pages posts Q3 loss on impairment charges

* Q3 loss/unit C$0.33 vs income C$0.28/unit yr-ago

* Revenue falls 4 pct

* Q3 distributable cash per unit C$0.35

* Shares fall as much as 2 pct (Adds details)

Nov 4 (Reuters) - Canada's Yellow Pages Income Fund (YLO_u.TO: Quote, Profile, Research) posted a quarterly loss on Wednesday, hurt primarily by a goodwill impairment charge.

For the latest third quarter, the company reported a loss of C$168.8 million, or 33 Canadian cents per basic unit, compared with a profit of C$146.1 million, or 28 Canadian cents per basic unit, a year earlier.

Revenue fell 4 percent to C$408.3 million.

Analysts on average were expecting earnings of 27 Canadian cents per unit, before special items, on revenue of C$417.1 million, according to Thomson Reuters I/B/E/S.

Excluding a goodwill impairment charge of C$315 million related to its unit Trader Corp, the company said it earned C$146.2 million in the quarter.