Ryder System (R) Tops Q1 EPS by 43c

Ryder System (NYSE: R) reported Q1 EPS of $2.14, $0.43 better than the analyst estimate of $1.71. Revenue for the quarter came in at $3.1 billion versus the consensus estimate of $3.13 billion.

Full-Year 2024 Forecast

ROE of 15.5% - 16.5%
Comparable EPS (non-GAAP) of $11.75 - $12.50, versus the consensus of $11.70.
Operating revenue (non-GAAP) expected to increase by approximately 10%
Net cash provided by operating activities from continuing operations of $2.4 billion and free cash flow (non-GAAP) of negative $175 - $275 million

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

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