Ryder System Inc. Q1 Earnings Climb 5%

(RTTNews) - Ryder System Inc. (R) released a profit for its first quarter that climbed from last year.

The company said its bottom line came in at $60.1 million, or $1.12 per share. This was higher than $57.3 million, or $1.08 per share, in last year's first quarter.

Analysts had expected the company to earn $1.05 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 3.8% to $1.63 billion. This was up from $1.57 billion last year.

Ryder System Inc. earnings at a glance:

-Earnings (Q1): $60.1 Mln. vs. $57.3 Mln. last year. -Earnings Growth (Y-o-Y): 4.9% -EPS (Q1): $1.12 vs. $1.08 last year. -EPS Growth (Y-o-Y): 3.7% -Analysts Estimate: $1.05 -Revenue (Q1): $1.63 Bln vs. $1.57 Bln last year. -Revenue Change (Y-o-Y): 3.8%

-Guidance: Next quarter EPS guidance: $1.50 - $1.55 Full year EPS guidance: $6.10 - $ 6.3