earnings
confidence high
sentiment positive
materiality 0.80
Ryder Q3 GAAP EPS $4.82, up 87% YoY; raises full-year EPS guidance to $16.40-$16.60
RYDER SYSTEM INC
2022-Q3 EPS reported
$12.82
revenue$8,922,988,000
- GAAP EPS from continuing operations $4.82 vs $2.58; comparable EPS $4.45 vs $2.55.
- Total revenue $3.0B (+23% YoY); operating revenue $2.3B (+18%) on organic growth and SCS acquisitions.
- Full-year GAAP EPS forecast raised to $16.40-$16.60 from $14.45-$14.95; comparable EPS to $15.65-$15.85.
- FMS segment revenue $1.58B (+10%); SCS $1.21B (+50%); DTS $454M (+19%).
- Free cash flow forecast increased to $800M-$900M; completed $300M ASR in Sept 2022.