Ryder System (R) Tops Q3 EPS by 4c, Revises FY EPS Forecast

Ryder System (NYSE: R) reported Q3 EPS of $1.33, $0.04 better than the analyst estimate of $1.29. Revenue for the quarter came in at $1.8 billion versus the consensus estimate of $1.8 billion.

GUIDANCE:

Ryder System sees Q4 2017 EPS of $1.16-$1.26.

Ryder System sees FY 2017 EPS of $3.95-$4.05, down from prior $4.03-4.23.

"Ryder is establishing a fourth quarter 2017 GAAP EPS forecast range of $1.16 to $1.26, and a comparable EPS forecast range of $1.31 to $1.41. This results in a full-year 2017 GAAP EPS forecast range of $3.95 to $4.05, vs. a prior forecast of $4.03 to $4.23. Additionally, the Company\'s full-year 2017 comparable EPS forecast has been revised to a range of $4.46 to $4.56 vs. a prior range of $4.38 to $4.58."

For earnings history and earnings-related data on Ryder System (R) click here.

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