Ryder System Inc expected to post earnings of $3.42 a share - Earnings Preview

Ryder System

22/10/2024 15:20

* Ryder System Inc  R.N   R  is expected to show a rise in
quarterly revenue when it reports  results on October 24 for the
period ending January 1 0001
    * The Coral Gables Florida-based  company is expected to
report a
12.7% increase in revenue to $3.295 billion from $2.92 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 $3.42 per share. The company's EPS guidance on July
25 2024, for the period ended September 30, was between $3.30
and $3.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"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 $155.00​, above​ its last closing price of $146.81. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  2.87        2.87       3.00      Beat    4.5
 Jan. 1 2024   1.70        1.71       2.14      Beat    25.3
 Dec. 31 2023  2.74        2.73       2.95      Beat    8.1​
 Jan. 1 0001   3.28        3.22       3.58      Beat    11.1
 ​​Jun.        2.91        2.91       3.61      Beat    24
 30 2023                                                
 Jan. 1 0001   2.97        2.96       2.81      Missed  -5.2​
 Dec. 31 2022  3.51        3.50       3.89      Beat    11.2
 Jan. 1 0001   3.66        3.65       4.45      Beat    21.8
 This summary was machine generated October 22 at 14:20 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)