Ryder System (R) Tops Q2 EPS by $1.03, Raises Guidance

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Ryder Reports Second Quarter 2021 Results

July 28, 2021 7:55 AM EDT

Second Quarter 2021

GAAP EPS from continuing operations of $2.78 versus a loss of $(1.41) in prior year, reflecting significantly improved results in fleet management solutions and prior-year COVID-19 effects Comparable EPS (non-GAAP) from continuing operations of $2.40 versus a loss of $(0.95) in prior year Total revenue of $2.4 billion and operating revenue (non-GAAP) of $1.9 billion up 26% and 18% respectively, reflecting double-digit revenue growth across all business segments

Full-Year 2021 Forecast

Increased GAAP EPS forecast to $7.40 - $7.70 from $5.65 - $6.05 Increased comparable EPS (non-GAAP) forecast to $7.20 - $7.50 from $5.50 - $5.90 Expect... More