Ryder System (R) Tops Q4 EPS by 27c, provides guidance

Ryder System (NYSE: R) reported Q4 EPS of $2.95, $0.27 better than the analyst estimate of $2.68. Revenue for the quarter came in at $3 billion versus the consensus estimate of $2.98 billion.

GUIDANCE:

Ryder System sees FY2024 EPS of $11.50-$12.50, versus the consensus of $11.91.

ROE of 15% - 16.5%.

Operating revenue (non-GAAP) expected to increase by approximately 13%, including recent acquisitions.
Net cash provided by operating activities from continuing operations of $2.4 billion and free cash flow (non-GAAP) of negative $275 - $375 million.

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

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