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RBearishEarningsnews
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Ryder (R) Q2 Earnings Top Estimates

Jul 25, 2024, 9:11 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

Ryder's quarterly earnings beat expectations at $3 per share. Revenue was $3.18 billion, missing estimates by 2.09%. Estimate revisions for Ryder are currently unfavorable, indicating a Zacks Rank #4 (Sell). The stock has added 12.9% this year, underperforming the S&P 500's 13.8%. Industry rank is top 27%, suggesting potential for stronger performance ahead.

  • Ryder's quarterly earnings beat expectations at $3 per share.
  • Revenue was $3.18 billion, missing estimates by 2.09%.
  • Estimate revisions for Ryder are currently unfavorable, indicating a Zacks Rank #4 (Sell).
  • The stock has added 12.9% this year, underperforming the S&P 500's 13.8%.
  • Industry rank is top 27%, suggesting potential for stronger performance ahead.

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