Ryder Reports Second Quarter 2023 Results

Delivers Strong Results in Weak Freight Environment, Raises Full-Year Guidance   Second-Quarter 2023 Highlights GAAP EPS from continuing operations of $(0.39) due to a non-cash UK exit charge, compared to $4.72 in prior year Comparable EPS (non-GAAP) from continuing operations of $3.61, as compared to a record $4.43 in prior year, largely reflecting weaker market conditions in used vehicle sales and rental Strong performance in all segments benefited EBT Total revenue of $2.9 billion compared to $3.0 billion in prior year Operating revenue (non-GAAP) of $2.3 billion, up 1%, reflecting Supply Chain Solutions (SCS) and Dedicated Transportation Solutions (DTS) revenue growth partially offset by impact from UK exit Full-Year 2023 Forecast Increased comparable EPS (non-GAAP) forecast to...

https://newsroom.ryder.com/news/news-details/2023/Ryder-Reports-Second-Quarter-2023-Results/default.aspx

https://newsroom.ryder.com/files/doc_multimedia/Ryder_SCS,_DTS,_FMS.jpg

You've activated accessibility mode.
Enable accessibility mode.