Ryder System (R) Tops Q1 EPS by $1.23, Raises Guidance
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Ryder Reports First Quarter 2022 Results
April 27, 2022 7:55 AM EDTFirst Quarter 2022
GAAP EPS from continuing operations of $3.35 versus $0.97 in prior year, reflecting significantly improved results in Fleet Management Solutions and higher results in Dedicated Transportation Solutions Comparable EPS (non-GAAP) from continuing operations of $3.59 versus $1.09 in prior year Total revenue of $2.9 billion and operating revenue (non-GAAP) of $2.2 billion up 28% and 22%, respectively, reflecting revenue growth in all business segments and Supply Chain Solutions acquisitionsFull-Year 2022 Forecast
Increase GAAP EPS forecast to $12.83 - $13.83 from $10.40 - $11.40 Increase comparable EPS (non-GAAP) forecast to $13.00 - $14.00 from $11.00 - $12.00 Adjusted... More