Ryder System (R) Tops Q1 EPS by 52c, Guidance Beats
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Ryder Reports First Quarter 2021 Results
April 28, 2021 7:55 AM EDTFirst Quarter 2021
GAAP EPS from continuing operations of $0.97 versus a loss of $(2.09) in prior year due to improved results in fleet management solutions Comparable EPS (non-GAAP) from continuing operations of $1.09 versus a loss of $(1.38) in prior year Total revenue of $2.2 billion and operating revenue (non-GAAP) of $1.8 billion, both up 3%, primarily reflecting higher revenue in supply chain and rentalFull-Year 2021 Forecast
Increased GAAP EPS forecast to $5.65 - $6.05 from $4.18 - $4.68 Increased comparable EPS (non-GAAP) forecast to $5.50 - $5.90 from $4.15 - $4.65 Expect to achieve... More