Ryder System Inc reports results for the quarter ended in June - Earnings Summary

Ryder System

26/07/2023 14:31

* Ryder System Inc  R.N  reported quarterly adjusted
earnings of
$3.61​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of $2.91 per share.
    * Revenue fell 4.9% to $2.88 billion from a year ago;
analysts
expected $3.05 billion. 
    * Ryder System Inc's reported EPS for the quarter was a loss
of 40
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Ryder System Inc shares had risen by 8.3% this quarter and
gained 9.8% so far this year.
    * The company reported a quarterly loss of $18 million.
    * Wall Street's median 12-month price target for Ryder
System Inc
is $102.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
26 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      2.91           3.61           Beat
 Mar. 31 2023      2.96           2.81           Missed
 Dec. 31 2022      3.50           3.89           Beat
 Sep. 30 2022      3.65           4.45           Beat