- Ryder press release ( NYSE: R ): Q4 Non-GAAP EPS of $3.89 beats by $0.40 .
- Revenue of $3.1B (+19.2% Y/Y) beats by $100M .
- Operating revenue (non-GAAP) of $2.4B, up 14% Y/Y.
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Full-Year 2023 Outlook: ROE of 16% - 18%; Comparable EPS (non-GAAP) forecast of $11.05 - $12.05 vs 10.84 consensus; Operating revenue (non-GAAP) expected to increase by approximately 4%; Net cash provided by operating activities from continuing operations forecast of $2.4 billion; free cash flow (non-GAAP) forecast of approximately $200 million.
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Ryder beats Q4 top and bottom line estimates; initiates FY23 outlook