Ryder System (R) Misses Q3 EPS by 1c; Cuts FY16 EPS Outlook
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Ryder Reports Third Quarter 2016 Results
October 25, 2016 7:55 AM EDTQ3 GAAP EPS from Continuing Operations Down 6% to $1.59 Q3 Comparable EPS (non-GAAP) from Continuing Operations Down 4% to $1.67 Record Q3 Total Revenue Grows 3% to $1.7 Billion; Record Q3 Operating Revenue (non-GAAP) Up 3% to $1.5 Billion Revised Full-Year 2016 GAAP EPS Forecast Range of $5.29 to $5.44 vs. Prior Forecast of $5.49 to $5.64, Driven by a Challenging Used Vehicle Sales Environment Revised Full-Year 2016 Comparable EPS Forecast Range (non-GAAP) of $5.70 to $5.85 vs. Prior Forecast of $5.90 to $6.05
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