Ryder System (R) Misses Q4 EPS by 4c, Revenues Beat; Offers FY20 EPS Guidance Below Consensus
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Ryder Reports Record Revenue of $8.9 Billion in 2019, Up 6.1%; Earnings Include Previously Announced Residual Value Change Impact
February 13, 2020 7:55 AM ESTFourth 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 Charge Q4 Comparable EPS (non-GAAP) from Continuing Operations Loss of $(0.01)Full Year 2019
Record Full-Year Total Revenue of $8.9 Billion, up 6.1%; Record Full-Year Operating Revenue (non-GAAP) of $7.2 Billion, up 7.9% Full-Year GAAP EPS from Continuing Operations Loss... More