Ryder System (R) Tops Q2 EPS by 12c, Offers Q3 and FY Guidance

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Ryder Reports Second Quarter 2018 Results

July 25, 2018 7:55 AM EDT

Q2 GAAP EPS from Continuing Operations Down $0.15 or 15% to $0.82, Includes $0.52 Charge from Tax Reform-Related and Other Tax Adjustments Q2 Comparable EPS (non-GAAP) from Continuing Operations Up $0.42 or 42% to $1.42, Reflects Strong Operating Performance and a Lower Tax Rate from Tax Reform Record Q2 Total Revenue Grows 17% to $2.1 Billion; Record Q2 Operating Revenue (non-GAAP) Up 11% to $1.6 Billion Increased Full-Year 2018 GAAP EPS Forecast Range of $4.71 to $4.91 vs. Prior Forecast of $4.55 to $4.80 Increased Full-Year 2018 Comparable EPS Forecast Range (non-GAAP) of $5.62 to $5.82 vs.... More