14.02.2024 13:00:19 - dpa-AFX: Ryder System Inc. Q4 Profit Decreases, but beats estimates

WASHINGTON (dpa-AFX) - Ryder System Inc. (R) announced earnings for fourth
quarter that decreased from last year but beat the Street estimates.

The company's earnings totaled $124 million, or $2.74 per share. This compares
with $200 million, or $4.06 per share, in last year's fourth quarter.

Excluding items, Ryder System Inc. reported adjusted earnings of $134 million or
$2.95 per share for the period.

Analysts on average had expected the company to earn $2.73 per share, according
to figures compiled by Thomson Reuters. Analysts' estimates typically exclude
special items.

The company's revenue for the quarter fell 2.3% to $3.02 billion from $3.09
billion last year.

Ryder System Inc. earnings at a glance (GAAP) :

-Earnings (Q4): $124 Mln. vs. $200 Mln. last year.
-EPS (Q4): $2.74 vs. $4.06 last year.
-Analyst Estimates: $2.73
-Revenue (Q4): $3.02 Bln vs. $3.09 Bln last year.

-Guidance:
Next quarter EPS guidance: $1.55 - $1.80


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Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
RYDER SYST. DL-,50 855369 Frankfurt 111,000 28.05.24 15:53:22 +1,000 +0,91% 0,000 0,000 111,000 110,000

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