Ryder Reports Fourth Quarter and Full Year 2020 Results
Fourth Quarter 2020 Total revenue of $2.2 billion, down 3% reflecting lower fuel revenue Operating revenue (non-GAAP) of $1.8 billion, unchanged as higher revenues in supply chain were offset by lower revenues in fleet management and dedicated businesses GAAP EPS from continuing operations of $0.48 versus a loss of $(1.02) in prior year, primarily reflecting improved results in used vehicle sales (including gains), lease, and rental Comparable EPS (non-GAAP) from continuing operations of $0.83 (includes $0.38 one-time expense for frontline employee bonus) versus a loss of $(0.01) in prior year Full year 2020 operating cash flow was $2.2 billion and free cash flow was $1.6 billion 2021 Outlook GAAP EPS forecast of $4.18 - $4.68; comparable EPS (non-GAAP) forecast of $4.15 - $4.65 Operating
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