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Ryder issues FY'18 guidance

Ryder System Inc. has provided guidance for full year 2018, expecting GAAP EPS of $5.34 to $5.64 for the year.

Comparable EPS, non-GAAP, is expected to be $5.40 to $5.70 for 2018.

The S&P Capital IQ consensus normalized EPS estimate for 2018 is $5.96.

The company also reported fourth-quarter 2017 GAAP net earnings of $643.0 million, or $12.11 per share, compared with $48.2 million, or 91 cents per share, in the year-ago period. Comparable earnings from continuing operations during the quarter were $72.7 million, or $1.37 per share, compared with $57.4 million, or $1.07 per share, in the fourth quarter of 2016.

The S&P Capital IQ consensus normalized EPS estimate for the quarter was $1.36.