Ryder System (R) Tops Q2 EPS by 42c, Offers Guidance

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Go back to Ryder System (R) Tops Q2 EPS by 42c, Offers Guidance

Ryder Reports Second Quarter 2022 Results

July 27, 2022 7:55 AM EDT

Second Quarter 2022

GAAP EPS from continuing operations of $4.72 versus $2.78 in prior year driven primarily by significantly higher results in Fleet Management Solutions Comparable EPS (non-GAAP) from continuing operations of $4.43 versus $2.40 in prior year Total revenue of $3.0 billion and operating revenue (non-GAAP) of $2.3 billion up 27% and 20%, respectively, reflecting organic revenue growth in all business segments and Supply Chain Solutions acquisitions

Full-Year 2022 Forecast

Increased GAAP EPS forecast to $14.45 - $14.95 from $13.23 - $14.23 Increased comparable EPS (non-GAAP) forecast to $14.30 - $14.80 from $13.40 - $14.40 Adjusted ROE (ROE) forecast revised... More