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RBullishEarningsnews
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Ryder (R) Q1 Earnings and Revenues Surpass Estimates

Apr 23, 2024, 9:10 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- Ryder reported quarterly earnings of $2.14 per share, beating estimates. - Revenue for the quarter was $3.1 billion, surpassing expectations by 2.82%. - Ryder's stock price has declined 5.3% since the beginning of the year. - Ryder's earnings outlook is favorable, with a Zacks Rank #2 (Buy). - Industry performance may impact Ryder's stock due to ranking in top 22%. Price Impact Rating: bullish Impact Horizon Rating: short-term Type: Earnings

  • Ryder reported quarterly earnings of $2.14 per share, beating estimates.
  • Revenue for the quarter was $3.1 billion, surpassing expectations by 2.82%.
  • Ryder's stock price has declined 5.3% since the beginning of the year.
  • Ryder's earnings outlook is favorable, with a Zacks Rank #2 (Buy).
  • Industry performance may impact Ryder's stock due to ranking in top 22%.

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