Ryder System (R) Tops Q1 EPS by 14c, Raises FY EPS Guidance
Get Alerts R Hot Sheet
Revenue Growth %: +3.3%
Financial Fact:
Net earnings: 84.75M
Today's EPS Names:
FRSB, DGICA, UXIN, More
Join SI Premium – FREE
Ryder System (NYSE: R) reported Q1 EPS of $1.11, $0.14 better than the analyst estimate of $0.97. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.13 billion.
GUIDANCE:
Ryder System sees Q2 2019 EPS of $1.34-$1.44, versus the consensus of $1.52.
The EPS forecast for the second quarter of 2019 includes a negative impact of $0.05 associated with the adoption of the new lease accounting standard compared to a benefit of $0.05 in the year earlier period. The lease accounting impact in the second quarter reflects an expected decline in the fleet age.
Ryder System sees FY2019 EPS of $6.05-$6.35, versus the consensus of $6.10.
- from the prior forecast of $6.00 to $6.30. In 2018, full-year comparable EPS was $5.97.
For earnings history and earnings-related data on Ryder System (R) click here.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Gilead Sciences (GILD) Misses Q1 EPS by 288c
- Ryder Systems (R) PT Raised to $120 at Stephens
- Utah Medical Products (UTMD) Reports Q1 EPS of $1.10
Create E-mail Alert Related Categories
Earnings, GuidanceRelated Entities
EarningsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!