Ryder Reports First Quarter 2024 Results
Delivers Solid Q1 Results; Raises Full-Year 2024 Forecast First Quarter 2024 Highlights GAAP EPS from continuing operations of $1.89 compared to $2.95 in prior year Comparable EPS (non-GAAP) from continuing operations of $2.14, as compared to $2.81 in prior year, reflecting weaker market conditions in used vehicle sales and rental, partially offset by higher Supply Chain Solutions (SCS) and ChoiceLease results Total revenue of $3.1 billion compared to $3.0 billion in prior year Operating revenue (non-GAAP) of $2.5 billion, up 6%, reflecting recent acquisitions and contractual revenue growth, partially offset by lower commercial rental revenue in Fleet Management Solutions (FMS) Full-Year 2024 Forecast ROE of 15.5% - 16.5% Comparable EPS (non-GAAP) of $11.75 - $12.50 Operating revenue...
https://newsroom.ryder.com/news/news-details/2024/Ryder-Reports-First-Quarter-2024-Results/default.aspx
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