Ryder reports Q4 adjusted EPS $3.45, consensus $3.37

Reports Q4 revenue $3.2B, consensus $3.31B. “Ryder (R) delivered strong results in 2024 and year-over-year earnings growth during the fourth quarter, despite ongoing freight market headwinds,” says Ryder Chairman and CEO Robert Sanchez. “This marks the first quarter in the last eight with year-over-year comparable earnings growth. These results were driven by double-digit earnings growth in each of the segments, reflecting the strength of our contractual lease, supply chain, and dedicated businesses. Our ability to generate ROE of 16% during this extended freight cycle downturn continues to demonstrate consistent execution and the resilience of our transformed business model.