Ryder System Inc expected to post earnings of $2.91 a share - Earnings Preview

Ryder System

24/07/2023 19:04

* Ryder System Inc  R.N   R  is expected to show a rise in
quarterly revenue when it reports  results on July 26. 
    * The Miami Florida-based  company is expected to report  a
0.6% increase in revenue to $3.052 billion from $3.03 billion a
year ago, according to the mean estimate from 5 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ryder System Inc is
for
earnings of $2.91 per share. The company's EPS guidance on April
26 2023, for the period ended June 30, was between $2.80 and
$3.05 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 4
"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 $102​, above​ its last closing price of $91.81. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  2.97        2.96       2.81      Missed  -5.2
 Dec. 31 2023  3.51        3.50       3.89      Beat    11.2
 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.        2.38        2.36       3.59      Beat    52.1
 31 2022                                                
 Dec. 31 2021  2.48        2.47       3.52      Beat    42.3​
 Sep. 30 2021  2.11        2.09       2.55      Beat    22.1
 Jun. 30 2021  1.38        1.38       2.40      Beat    74.4
 This summary was machine generated July 24 at 18:04 GMT.  All
figures in US dollars  unless otherwise stated