Ryder System (R) Tops Q2 EPS by 34c

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Go back to Ryder System (R) Tops Q2 EPS by 34c

  Ryder Reports Second Quarter 2020 Results

July 29, 2020 7:55 AM EDT

Second Quarter 2020

Q2 total revenue of $1.9 billion, down 16%, and Q2 operating revenue (non-GAAP) of $1.6 billion, down 10% primarily reflecting COVID-19 impacts on commercial rental and automotive activity in supply chain Q2 GAAP EPS from continuing operations loss of $(1.41) versus a profit of $1.43 in prior year, reflecting the impacts of higher non-cash depreciation expense due to changes in residual value estimates and COVID-19 Q2 comparable EPS (non-GAAP) from continuing operations loss of $(0.95) versus a profit of $1.40 in prior year

Business Updates and Impacts of COVID-19

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