Ryder System Inc expected to post earnings of $1.71 a share - Earnings Preview

Ryder System

19/04/2024 13:59

* Ryder System Inc  R.N   R  is expected to show a rise in
quarterly revenue when it reports  results on April 23 for the
period ending March 31 2024
    * The Miami Florida-based  company is expected to report a
3.7% increase in revenue to $3.062 billion from $2.95 billion a
year ago, according to the mean estimate from 4 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Ryder System Inc is for
earnings of $1.71 per share. The company's EPS guidance on
February 14 2024, for the period ended March 31, was between
$1.55 and $1.80 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months. ​
    * Wall Street's median 12-month price target for Ryder
System Inc
is $121.00​, above​ its last closing price of $107.17. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  2.74        2.73       2.95      Beat    8.1
 Sep. 30 2023  3.28        3.22       3.58      Beat    11.1
 Jun. 30 2023  2.91        2.91       3.61      Beat    24​
 Mar. 31 2023  2.97        2.96       2.81      Missed  -5.2
 ​​Dec.        3.51        3.50       3.89      Beat    11.2
 31 2022                                                
 Sep. 30 2022  3.66        3.65       4.45      Beat    21.8​
 Jun. 30 2022  4.02        4.01       4.43      Beat    10.4
 Mar. 31 2022  2.38        2.36       3.59      Beat    52.1
 This summary was machine generated April 19 at 12:59 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)