CORAL GABLES, Fla. (AP) — CORAL GABLES, Fla. (AP) — Ryder System Inc. (R) on Wednesday reported net income of $135 million in its fourth quarter.
The Coral Gables, Florida-based company said it had net income of $3.12 per share. Earnings, adjusted for one-time gains and costs, came to $3.45 per share.
The truck leasing company posted revenue of $3.19 billion in the period.
For the year, the company reported profit of $489 million, or $11.06 per share. Revenue was reported as $12.64 billion.
For the current quarter ending in March, Ryder expects its per-share earnings to range from $2.30 to $2.55.
The company expects full-year earnings in the range of $13 to $14 per share.
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