Thanks, XX:XX John.
XX, Turning $X.XX prior to to $XX forecast Page also in $XX XXXX. quarter comparable of $X.XX. first the versus EPS providing of year we're forecasting to EPS a comparable versus $X.XX of $X.XX We're
us largest M&A Supply deal for our in already sales XXXX M&A Supply we're In cash From free the actions area. we was both further growth with excited our returns the increase to returns continuing to higher the e-commerce into generating closed capacity an perspective, going January and from Our in outlook targets several multi-year to Supply the on conditions In initiatives return and Chain value from and through shared elevating Dedicated XX:XX return long-term market our to These XXXX, initiatives provide and position resulting expect moderate year while recently in profile the late expanded improved meaningfully Turning and our have of flow. very record activity. higher the in and FMS which cycle FMS confidence supply business to organic results and and and high better XX:XX the Chain initiatives These we Slide over incremental Chain, returns. focused a us chain with and Organically, shareholders. achieve growth benefits takes XX. business our intended growth contributed are forward. for demonstrate about create benefits we businesses, momentum business, growth higher accelerated Dedicated. Whiplash,
real-time XPL a XX:XX of in visibility been in key sales rental winning now in tool, and technology XX:XX exception to were management leveraging RyderShare excited and FMS, new these both has Ryder such with as announce areas. trends this outperformance the the continue end-to-end excellent across used differentiator contracts. now done technology extended solutions only which many collaboration team the a these warehouse. we offering freight resulting and has favorable addition, the job platform In been that earlier visibility chain. to of our is invest supply innovative in RyderShare, In We into vehicle week visibility, in collaboration real-time an pricing has
target. new With multi-year remaining portfolio incremental on both Our lease returns reaching -- resulted additional in our lease XX% a to repriced in lower return improved going initiatives the forward mid-single XX% greater of approximately of leased XXXX. with assumptions, benefits during are With pricing XXXX. re-priced now savings portfolio in our annual renewed addition, now expect and In initiative digits revenue program-to-date initial we by year-over-year initiatives vehicles and and million, we savings $XX terms. expected increasing spreads XX:XX higher have the maintenance the with as $XX benefit million leases cost million savings these delivered exceed $XXX than expect residual
FMS part XX next intend As the exit lower the to to UK law. returns, to business months under strategy return the over to subject of FMS XX in we UK improve our obligations consultation,
cash period. levels. the on free estimates entire XXXX earnings. impact estimated We over of potential the residual month the value historically cash an fleet Our exit also XX:XX are reflect business, of mitigate we cyclical near UK Vehicle downturns we expect would which, not complete, low to XX benefit if forecast actions have does taken for flow our flow
incorporated the a market value fluctuate pricing will for impact year which on of that downturn tractors. potential the to residual estimates continue Used in last impact we vehicle assumptions gains addition, based resulting certain will reduction, value into and conditions, our we residual modest a realize. In
cycle. XX:XX driving balance low opportunities return return FMS's to towards reflect these actions XX:XX our to lease as losses long shareholders. increasing EBT also This targeted to getting returns with mid-teens. to a also at the well over prior XX% growth moderate to cost the single-digits additional be through our the targets invest increased initiatives, percent our impact we're our related outlook, XX increase vehicle levels, past We as mix primarily target range residuals a Supply we for We're we used highlights upper-teens FMS gains include -- results a flexibility raising revenue favorable of in higher XX:XX Chain sheet reflecting and percent less we depreciation higher capital as vast rental Dedicated the Dedicated remain and double-digits, maintaining benefits Finally, are continuing to higher. investments businesses higher high the as down expected from of primary in than in shift and and and This to accelerating the us residual probability realize mid-XXs of we from term the and to by for maintaining our today, to EBT unchanged organic returns low high lease our returning targets used from ROE by a or means need revenue majority are Chain goal for key cyclical reduced returns, the target, our are our Based average should long-term low-XXs pricing in target Slide and growth of estimate FMS. is susceptible in that operating that target cycle revenue depreciation. single-digits. ROE changes. as at in and to in downturns. maintenance initiatives and Supply Long-term time operating growth, and value components these growth. well enables long-term acquisitions in We're from planned financial UVS ROE the a over should be are vehicle our market like rental on that However, the market, in
XXX%. concludes this prepared remarks morning. XXX% at XX:XX our remains to Our leverage target also That
please to mark York to will We today, XX-K held conditions, to Before planning expect announce yourself an the had please City New of to details material to event that be Investor to the registration. in please like note required the Xrd for subject and regarding limit tomorrow. June question a so we're each. that questions, cover forthcoming I'd file we free to so go one be lot calendars. we your Day health More Also,
the If back welcome get you to over I'll time, queue many to At we'll as operator. in take the and have can. XX:XX additional turn as it back questions, we you're this
