earnings
confidence high
sentiment positive
materiality 0.80
Ryder Q2 GAAP EPS $4.72, vs $2.78; raises FY22 EPS forecast to $14.45-$14.95
RYDER SYSTEM INC
2022-Q2 EPS reported
$8.03
revenue$5,887,524,000
- GAAP EPS $4.72 from continuing ops vs $2.78 YoY; comparable EPS $4.43 vs $2.40.
- Total revenue $3.0B (+27%); operating revenue $2.3B (+20%), growth across all segments.
- Full-year GAAP EPS forecast raised to $14.45-$14.95 from $13.23-$14.23; comparable EPS $14.30-$14.80.
- Free cash flow forecast raised to $750M-$850M; ROE forecast revised to 25%-26%.
- Board approved 7% increase to quarterly dividend; $300M accelerated share repurchase ongoing.