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Ryder System (R)
:R
Holding R?
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Earnings Data
Report Date
Feb 12, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
3.38Last Year’s EPS
2.95Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 26, 2018
|% Change Since: 14.62%
|Next Earnings Date:Jul 25, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed picture. While Ryder demonstrated strong contractual earnings growth, significant shareholder returns, and projected record EPS, challenges remain with weak market conditions affecting fleet management and used vehicle sales. The company is navigating an ongoing freight recession, but strategic initiatives and acquisitions provide optimism for future growth.Company Guidance
During the third quarter 2024 earnings call for Ryder, several key metrics and guidance were discussed. The company reported operating revenue of $2.6 billion, marking a 9% increase from the previous year, largely due to acquisitions. Despite a weak freight market, Ryder maintained a 16% return on equity, with total company comparable EPS from continuing operations at $3.44. The forecast for full-year 2024 EPS is set between $11.90 to $12.10, with free cash flow expected to range from $150 million to $250 million. The company's transformed business model is anticipated to generate significantly higher earnings and returns than previous cycles. Ryder also noted a discretionary 2 million share repurchase program, contributing to $382 million returned to shareholders year-to-date. The company's strategic focus remains on operational excellence, customer-centric innovation, and leveraging secular trends for long-term growth across its business segments.Strong Contractual Earnings Growth
Contractual earnings growth continues to drive outperformance across all business segments, with secular trends favoring outsourcing and large addressable markets supporting long-term growth opportunities. Adjusted ROE of 16% over the trailing 12 months is in line with expectations.
Significant Shareholder Returns
Year-to-date, Ryder returned $382 million in cash to shareholders through share repurchases and dividends. A new 2 million share repurchase program was authorized, replacing the prior one completed in September.
Record Comparable EPS Projection
2024 comparable EPS is expected to be between $11.90 and $12.10, double the 2018 comparable EPS of $5.95, even under expected trough conditions.
Supply Chain and Dedicated Growth
Supply Chain operating revenue increased by 10%, driven by acquisitions, while Dedicated operating revenue increased by 49% with improved operating performance and acquisition benefits.
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R Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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R Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 24, 2024 | $144.31 | $138.17 | -4.25% |
| Jul 25, 2024 | $128.47 | $130.57 | +1.63% |
| Apr 23, 2024 | $107.21 | $120.00 | +11.93% |
| Feb 14, 2024 | $115.80 | $108.23 | -6.54% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Ryder System (R) report earnings?
Ryder System (R) is schdueled to report earning on Feb 12, 2025, TBA Not Confirmed.
What is Ryder System (R) earnings time?
Ryder System (R) earnings time is at Feb 12, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is R EPS forecast?
R EPS forecast for the fiscal quarter 2024 (Q4) is 3.38.
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