Ryder: Q3 Earnings Snapshot
News > National News
Audio By Carbonatix
7:02 AM on Wednesday, October 25, 2023
The Associated Press
MIAMI (AP) — MIAMI (AP) — Ryder System Inc. (R) on Wednesday reported earnings of $161 million in its third quarter.
The Miami-based company said it had profit of $3.47 per share. Earnings, adjusted for one-time gains and costs, came to $3.58 per share.
The truck leasing company posted revenue of $2.92 billion in the period.
For the current quarter ending in December, Ryder expects its per-share earnings to range from $2.60 to $2.85. Analysts surveyed by Zacks had forecast adjusted earnings per share of $3.24.
The company expects full-year earnings in the range of $12.60 to $12.85 per share.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on R at https://www.zacks.com/ap/R
