Ryder: Q4 Financial Results Overview

Ryder System Inc. Announces Fourth Quarter Financial Results

Ryder System Inc., headquartered in Coral Gables, Florida, revealed a net profit of $133 million for its fourth quarter, according to a report released on Wednesday.

The company reported earnings of $3.25 per share, with adjusted earnings—excluding one-time expenses—reaching $3.59 per share.

During the quarter, Ryder, which specializes in truck leasing, generated $3.18 billion in revenue.

Looking at the full year, Ryder achieved a total profit of $499 million, or $11.94 per share, on revenue of $12.67 billion.

For the upcoming quarter ending in March, Ryder anticipates earnings per share to fall between $2.10 and $2.35.

For the entire year, the company projects earnings per share in the range of $13.45 to $14.45.