secwatch.observer — SEC 8-K summary
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Issuer:     RYDER SYSTEM INC (R)
CIK:        0000085961
Form:       8-K
Filed at:   2021-10-27T23:59:59+00:00
Accession:  0000085961-21-000232
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ryder Q3 EPS $2.58 vs $0.85; raises FY21 EPS forecast to $8.60-$8.70
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- GAAP EPS from continuing ops $2.58 (vs $0.85); comparable EPS $2.55 (vs $1.21).
- Total revenue up 14% to $2.5B; operating revenue up 11% to $2.0B across all segments.
- FY21 GAAP EPS forecast raised to $8.60-$8.70 from $7.40-$7.70; comparable to $8.40-$8.50.
- Expects ROE of 18%-19% and free cash flow of $1.0B-$1.1B; capex $1.9B-$2.0B.
- Plans to acquire supply chain business Midwest Warehouse & Distribution (closing early Nov); authorized share repurchase programs.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/85961/000008596121000232/0000085961-21-000232-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/85961/000008596121000232/r-20211027.htm
  HTML page:      https://secwatch.observer/filing/0000085961-21-000232

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer