Ryder Reports Second Quarter 2021 Results
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 to achieve adjusted ROE (ROE) of 16% - 17% exceeding our long-term target of 15% Maintained cash flow from operating activities forecast
https://newsroom.ryder.com/news/news-details/2021/Ryder-Reports-Second-Quarter-2021-Results/default.aspx
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