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

Ryder System

26/04/2023 14:32

* Ryder System Inc  R.N  reported quarterly adjusted
earnings of
$2.81​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of $2.96 per share.
    * Revenue rose 3.4% to $2.95 billion from a year ago;
analysts
expected $2.99 billion. 
    * Ryder System Inc's reported EPS for the quarter was
$2.95​.
    * The mean earnings estimate of analysts had risen by
about 1.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Ryder System Inc shares had fallen by 6.8% this
quarter and
lost 0.5% so far this year.
    * The company reported quarterly net income of $139 million.
    * Wall Street's median 12-month price target for Ryder
System Inc
is $109.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 26 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      2.96           2.81           Missed
 Dec. 31 2022      3.50           3.89           Beat
 Sep. 30 2022      3.65           4.45           Beat
 Jun. 30 2022      4.01           4.43           Beat