Ryder System (R) Misses Q1 EPS by 3c, FY EPS Guidance Falls Short
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Ryder Reports First Quarter 2017 Results
April 25, 2017 7:55 AM EDTQ1 GAAP EPS from Continuing Operations Down $0.34 or 32% to $0.71, Impacted by Lower Used Vehicle Sales and Rental Results of $0.44 Q1 Comparable EPS (non-GAAP) from Continuing Operations Down $0.30 or 27% to $0.82 Impacted by Items Above Record Q1 Total Revenue Grows 7% to $1.7 Billion; Record Q1 Operating Revenue (non-GAAP) Up 3% to $1.4 Billion Revised Full-Year 2017 GAAP EPS Forecast Range of $3.90 to $4.20 vs. Prior Forecast of $4.78 to $5.08, Driven by a More Challenging Environment for the Company's Transactional Businesses, Primarily in Commercial Rental Revised Full-Year... More
