ryder © Alexey Novikov
© Alexey Novikov


Ryder (NYSE:R) swings lower in early trading after setting profit guidance below expectations. The equipment rental company sees Q1 EPS of -$0.80 to -$0.65 vs. $0.06 consensus and full-year EPS of $1.10 to $1.50 vs. $2.56.

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The full release can be found here: “Ryder reports record revenue of $8.9bn in 2019, up 6.1%; earnings include previously announced residual value change impact“

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