WASHINGTON (dpa-AFX) - While reporting financial results for the fourth
quarter on Wednesday, Ryder System, Inc. (R) initiated its earnings, comparable
earnings and revenue growth guidance for the full-year 2024. The company also
provided financial outlook for the first quarter.

For fiscal 2024, the company now projects earnings in a range of $10.70 to
$11.70 per share and comparable earnings in a range of $11.50 to $12.50 per
share on total revenue growth of about 13 percent and operating revenue growth
of about 13 percent.

On average, analysts polled by Thomson Reuters expect the company to report
earnings of $11.91 per share on revenue growth of 5.5 percent to $12.38 billion
for the year. Analysts' estimates usually exclude special items.

For the first quarter, the company expects earnings in a range of $1.28 to $1.53
per share and comparable earnings in a range of $1.55 to $1.80 per share. The
Street is looking for earnings of $2.68 per share for the quarter.

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