Ryder System Inc expected to post earnings of $2.73 a share - Earnings Preview

Ryder System

12/02/2024 13:46

* Ryder System Inc  R.N   R  is expected to show a fall in
quarterly revenue when it reports  results on February 14 for
the period ending December 31 2023
    * The Miami Florida-based  company is expected to report a
3.6% decrease in revenue to $2.978 billion from $3.09 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Ryder System Inc is for
earnings of $2.73 per share. The company's EPS guidance on
October 25 2023, for the period ended December 31, was between
$2.60 and $2.85 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ryder
System Inc
is $116.00​, below​ its last closing price of $117.12. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 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. 31 2022  3.51        3.50       3.89      Beat    11.2
 ​​Sep.        3.66        3.65       4.45      Beat    21.8
 30 2022                                                
 Jun. 30 2022  4.02        4.01       4.43      Beat    10.4​
 Mar. 31 2022  2.38        2.36       3.59      Beat    52.1
 Dec. 31 2021  2.48        2.47       3.52      Beat    42.3
 This summary was machine generated February 12 at 13:46 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)