Ryder Reports Second Quarter 2020 Results

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Ryder System (R) Tops Q2 EPS by 34c

July 29, 2020 7:56 AM EDT

Ryder System (NYSE: R) reported Q2 EPS of ($0.95), $0.34 better than the analyst estimate of ($1.29). Revenue for the quarter came in at $1.9 billion versus the consensus estimate of $1.97 billion.

COVID-19 Impacts to Date and Outlook

The COVID-19 pandemic and measures taken to prevent its spread negatively affected Ryder's business for a total estimated pre-tax earnings impact of $45 million in the second quarter, including... More