Ryder System Inc expected to post earnings of $3.22 a share - Earnings Preview

Ryder System

23/10/2023 15:32

* Ryder System Inc  R.N   R  is expected to show a fall in
quarterly revenue when it reports  results on October 25. 
    * The Miami Florida-based  company is expected to report  a
1.7% decrease in revenue to $2.985 billion from $3.04 billion a
year ago, according to the mean estimate from 6 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ryder System Inc is
for
earnings of $3.22 per share. The company's EPS guidance on July
26 2023, for the period ended September 30, was between $2.82
and $3.07 
    * 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 $114​, above​ its last closing price of $101.67. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  3.66        3.65       4.45      Beat    21.8
 ​​Jun.        4.02        4.01       4.43      Beat    10.4
 30 2022                                                
 Mar. 31 2022  2.38        2.36       3.59      Beat    52.1​
 Dec. 31 2021  2.48        2.47       3.52      Beat    42.3
 Sep. 30 2021  2.11        2.09       2.55      Beat    22.1
 This summary was machine generated October 23 at 14:32 GMT.  All
figures in US dollars  unless otherwise stated