secwatch.observer — SEC 8-K summary
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Issuer:     RYDER SYSTEM INC (R)
CIK:        0000085961
Form:       8-K
Filed at:   2021-07-28T23:59:59+00:00
Accession:  0000085961-21-000220
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ryder Q2 GAAP EPS $2.78 vs loss $(1.41); raises FY21 EPS guidance to $7.40-$7.70
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- GAAP EPS from continuing ops $2.78 (vs $(1.41) prior year); comparable EPS $2.40 (vs $(0.95)).
- Total revenue $2.4B, up 26% YoY; operating revenue $1.9B, up 18%, with double-digit growth across all segments.
- Full-year GAAP EPS forecast raised to $7.40-$7.70 (from $5.65-$6.05); comparable EPS raised to $7.20-$7.50 (from $5.50-$5.90).
- Free cash flow forecast increased to $650M-$750M; expects ROE of 16%-17%, exceeding 15% long-term target.
- Fleet Management Solutions revenue up 18% driven by higher used vehicle gains and strong lease/rental demand.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/85961/000008596121000220/0000085961-21-000220-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/85961/000008596121000220/r-20210728.htm
  HTML page:      https://secwatch.observer/filing/0000085961-21-000220

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer