Ryder System (R) Tops Q4 EPS by $1.06, FY EPS Guidance Tops Consensus
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Ryder Reports Fourth Quarter 2021 Results and Provides 2022 Outlook
February 16, 2022 7:55 AM ESTFourth Quarter 2021
GAAP EPS from continuing operations of $3.36 versus $0.48 in prior year, reflecting significantly improved results in Fleet Management Solutions (FMS) Comparable EPS (non-GAAP) from continuing operations of $3.52 versus $0.83 in prior year Total revenue of $2.6 billion and operating revenue (non-GAAP) of $2.1 billion up 17% and 14%, respectively, reflecting revenue growth in all business segments Record adjusted return on equity (ROE) of 20.9% reflecting strong FMS results Full-year 2021 net cash provided by operating activities from continuing operations of $2.2 billion and free cash flow (non-GAAP) of $1.1 billion2022 Outlook
GAAP EPS... More