Ryder System, Inc. Provides Earnings Guidance for the Fourth Quarter of 2021 and Full Year 2021
October 26, 2022 at 07:55 am EDT
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Ryder System, Inc. provided earnings guidance for the fourth quarter of 2021 and full year 2021. For the quarter, GAAP EPS is expected to be $3.53 to $3.73.
For the full year, GAAP EPS is expected to be $16.40 to $16.60.
Ryder System, Inc. is a provider of outsourced logistics and transportation services. The Company provides supply chain, dedicated transportation, and commercial fleet management solutions. It operates through three segments: Fleet Management Solutions (FMS), which provides full service leasing that includes its contractual maintenance offering, commercial rental and maintenance services of trucks, tractors and trailers to customers principally in the United States (U.S.) and Canada; Supply Chain Solutions (SCS), which provides fully integrated port-to-door logistics solutions, including distribution management, dedicated transportation, transportation management, freight brokerage, e-commerce fulfillment, last-mile delivery, contract packaging, and contract manufacturing in North America, and Dedicated Transportation Solutions (DTS), which provides turnkey transportation solutions in the U.S., including dedicated vehicles, professional drivers, management, and administrative support.