Ryder System (R) Tops Q3 EPS by 3c, Misses on Revenue; Offers FY EPS Guidance
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Ryder Reports Third Quarter 2024 Results
October 24, 2024 6:55 AM EDTDelivers Solid Q3 Results; Continues to Outperform Prior Cycles
Third Quarter 2024 Highlights
GAAP EPS from continuing operations of $3.25 compared to $3.44 in prior year Comparable EPS (non-GAAP) from continuing operations of $3.44, as compared to $3.58 in prior year, reflecting weaker market conditions in rental and used vehicle sales, partially offset by higher earnings in contractual lease, supply chain, and dedicated businesses Total revenue of $3.2 billion compared to $2.9 billion in prior year Operating revenue (non-GAAP) of $2.6 billion, up 9%, reflecting recent acquisitionsFull-Year 2024 Forecast
Reaffirming... More