Ryder System Inc. (R) released a profit for its fourth quarter that increased from last year and beat the Street estimates.
The company's earnings came in at $135 million, or $3.11 per share. This compares with $124 million, or $2.74 per share, last year.
Excluding items, Ryder System Inc. reported adjusted earnings of $150 million or $3.45 per share for the period.
Analysts on average had expected the company to earn $3.37 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 5.5% to $3.189 billion from $3.023 billion last year.
Ryder System Inc. earnings at a glance (GAAP) :
-Earnings: $135 Mln. vs. $124 Mln. last year.
-EPS: $3.11 vs. $2.74 last year.
-Revenue: $3.189 Bln vs. $3.023 Bln last year.
-Guidance:
Next quarter EPS guidance: $2.30 - $2.55
For comments and feedback: editorial@rttnews.com