Wednesday, April 25, 2007

UPDATE 1-Ryder profit rises, beats analyst forecasts

(Reuters) - The company also issued an outlook for the second quarter, which came in below market expectations.

The Miami-based company reported first-quarter net income rose 8 percent to $51.3 million, or 84 cents a share, compared with $47.6 million, or 77 cents a share, a year earlier. Revenue rose 7 percent to $1.59 billion from $1.50 billion.


Read more at Reuters.com Market News

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