Ryder Reports Third Quarter 2023 Results
Continues to Deliver Strong Returns in Weak Freight Environment; Raises Full-Year Guidance Third-Quarter 2023 Highlights GAAP EPS from continuing operations of $3.44 compared to $4.82 in prior year Comparable EPS (non-GAAP) from continuing operations of $3.58, as compared to a record $4.45 in prior year, reflecting weaker market conditions in used vehicle sales and rental, partially offset by strong Supply Chain Solutions (SCS) results Total revenue of $2.9 billion compared to $3.0 billion in prior year Operating revenue (non-GAAP) of $2.4 billion, up 1%, reflecting contractual revenue growth across all segments, partially offset by lower commercial rental revenue in Fleet Management Solutions (FMS) Full-Year 2023 Forecast Increasing comparable EPS (non-GAAP) forecast to $12.60 - $12.85...
https://newsroom.ryder.com/news/news-details/2023/Ryder-Reports-Third-Quarter-2023-Results/default.aspx
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