Ryder acquires Cardinal Logistics
PRESS RELEASE Ryder Completes Acquisition of Cardinal Logistics Acquisition complements and strengthens Ryder’s position as a leading ...
YAHOO FINANCE reports:
Ryder (R) came out with a quarterly loss of $0.95 per share versus the Zacks Consensus Estimate of a loss of $1.44. This compares to earnings of $1.40 per share a year ago.
These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of 34.03%. A quarter ago, it was expected that this truck leasing company would post a loss of $0.85 per share when it actually produced a loss of $1.38, delivering a surprise of -62.35%.
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Ryder (…) posted revenues of $1.90 billion for the quarter ended June 2020, missing the Zacks Consensus Estimate by 5.18%. This compares to year-ago revenues of $2.25 billion.
To read the full post, please click here.
Here is a link to the earnings call transcript.
More here: “Ryder EPS beats by $0.36, misses on revenue“.
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