YF: Ryder reports Q2 loss, misses revenue estimates

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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.

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Here is a link to the earnings call transcript.

More here: “Ryder EPS beats by $0.36, misses on revenue“.