Ryder Reports Record Revenue of $8.9 Billion in 2019, Up 6.1%; Earnings Include Previously Announced Residual Value Change Impact
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Ryder System (R) Misses Q4 EPS by 4c, Revenues Beat; Offers FY20 EPS Guidance Below Consensus
February 13, 2020 7:58 AM ESTRyder System (NYSE: R) reported Q4 EPS of ($0.01), $0.04 worse than the analyst estimate of $0.03. Revenue for the quarter came in at $2.27 billion versus the consensus estimate of $2.26 billion.
Fourth Quarter 2019
Record Q4 Total Revenue of $2.3 Billion, up 0.7%; Record Q4 Operating Revenue (non-GAAP) of $1.8 Billion, up 2.9%Q4 GAAP EPS from Continuing Operations Loss of $(1.02) Versus $2.12 in Prior Year, Reflecting the Impacts of Previously Announced Change in Residual Value Estimates and One-Time Pension Settlement ChargeQ4 Comparable EPS (non-GAAP) from Continuing Operations Loss of $(0.01)Commenting on the companys... More
