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

Ryder System

25/10/2023 14:32

* Ryder System Inc  R.N  reported quarterly adjusted
earnings of
$3.58​​ per share for the quarter ended in September. The mean
expectation of seven analysts for the quarter was for earnings
of $3.22 per share.
    * Revenue fell 3.7% to $2.92 billion from a year ago;
analysts
expected $2.99 billion. 
    * Ryder System Inc's reported EPS for the quarter was
$3.44​.
    * The mean earnings estimate of analysts had risen by
about 4.2%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * Ryder System Inc shares had fallen by 8.4% this
quarter and
gained 17.2% so far this year.
    * The company reported quarterly net income of $160 million.
    * Wall Street's median 12-month price target for Ryder
System Inc
is $114.00 
    * 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
October 25 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      3.22           3.58           Beat
 Jun. 30 2023      2.91           3.61           Beat
 Mar. 31 2023      2.96           2.81           Missed
 Dec. 31 2022      3.50           3.89           Beat