Ryder System Inc. (R) third quarter net earnings of $24.0 million or $0.43 per share, compared to $70.2 million or $1.24 per share last year.
Earnings from continuing operations of $28.5 million or $0.51 per share, compared to $72.8 million or $1.29 per share last year.
Comparable net earnings per diluted share were $0.46, versus $1.21 in the year-earlier period. Comparable earnings per share from continuing operations were $0.50, compared to $1.26 in the previous year.
On average, ten analysts polled by Thomson Reuters expected the company to earn $0.45 per share for the quarter. Analysts' estimates typically exclude the special items.
Total revenue from continuing operations for the third quarter of 2009 was $1.26 billion, down 20% from $1.58 billion last year. Analysts expected the company to report revenue of $1.25 billion for the quarter.
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