Ryder System falls after forecasting profit below estimates

Ryder System

11/02/2026 13:04

** Shares of logistics firm Ryder System R.N falls 3% to about $206 premarket, after forecasting comparable adjusted profit below Wall Street estimates

** Co expects 2026 comparable adjusted profit between $13.45 and $14.45 per share, below analysts' average estimate of $14.63 per share, according to data compiled by LSEG

** Forecasts 2026 revenue growth of 1% and operating revenue growth of 3%

** Sees first-quarter comparable adjusted profit of $2.10-$2.35 per share vs estimates of $2.69 per share

     ** Reports Q4 comparable adjusted profit of $3.59 per share, compared with analysts' average estimate of $3.57 per share

** In 2025, Ryder System rose 22%

 (Reporting by Apratim Sarkar in Bengaluru)

 ((Apratim.Sarkar@thomsonreuters.com))