Ryder Reports Second Quarter 2024 Results

Delivers Solid Q2 Results; Continues to Outperform Prior Cycles Second Quarter 2024 Highlights GAAP EPS from continuing operations of $2.83 compared to $(0.39) in prior year, which reflected a non-cash FMS U.K. business exit charge Comparable EPS (non-GAAP) from continuing operations of $3.00, as compared to $3.61 in prior year, reflecting weaker market conditions in rental and used vehicle sales, partially offset by higher earnings in contractual lease, supply chain, and dedicated businesses Total revenue of $3.2 billion compared to $2.9 billion in prior year Operating revenue (non-GAAP) of $2.6 billion, up 10%, reflecting recent acquisitions Full-Year 2024 Forecast Adjusted ROE (ROE) of 16% - 16.5% Comparable EPS (non-GAAP) of $11.90 - $12.40 Operating revenue (non-GAAP) expected to...

https://newsroom.ryder.com/news/news-details/2024/Ryder-Reports-Second-Quarter-2024-Results/default.aspx

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