Ryder System (R) Misses Q4 EPS by 12c, FY EPS Guidance Tops Consensus
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Ryder Reports Fourth Quarter and Full Year 2020 Results
February 11, 2021 7:55 AM ESTFourth Quarter 2020
Total revenue of $2.2 billion, down 3% reflecting lower fuel revenue Operating revenue (non-GAAP) of $1.8 billion, unchanged as higher revenues in supply chain were offset by lower revenues in fleet management and dedicated businesses GAAP EPS from continuing operations of $0.48 versus a loss of $(1.02) in prior year, primarily reflecting improved results in used vehicle sales (including gains), lease, and rental Comparable EPS (non-GAAP) from continuing operations of $0.83 (includes $0.38 one-time expense for frontline employee bonus) versus a loss of $(0.01) in prior year Full year 2020 operating cash flow was $2.2 billion and free... More