{"schema_version":"secwatch.filing_event.v1","accession":"0000085961-24-000075","form_type":"8-K","ticker":"R","cik":"0000085961","company_name":"RYDER SYSTEM INC","filed_at":"2024-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:03:22.157908+00:00","generated_at":"2026-06-03T13:10:46.083086+00:00","sec_items":["2.02","7.01","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Ryder Q1 EPS $1.89 GAAP, $2.14 comparable; raises full-year FY2024 EPS guidance","bullets":["Total revenue $3.1B (+5% YoY); operating revenue $2.5B (+6% YoY).","FMS EBT $100M (-45% YoY) on weaker used vehicle pricing and rental demand; SCS EBT $64M (+267% YoY) helped by acquisitions and prior-year impairment.","FY2024 comparable EPS guidance raised to $11.75-$12.50 from prior range; GAAP EPS $10.95-$11.70.","Q2 2024 comparable EPS guide $2.75-$2.95; GAAP EPS $2.58-$2.78.","Free cash flow guidance improved to negative $(175-275)M; rental capex reduced by $100M."],"urls":{"canonical":"https://secwatch.observer/filing/0000085961-24-000075","json":"https://secwatch.observer/filing/0000085961-24-000075.json","markdown":"https://secwatch.observer/filing/0000085961-24-000075.md","text":"https://secwatch.observer/filing/0000085961-24-000075.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/85961/000008596124000075/0000085961-24-000075-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/85961/000008596124000075/r-20240423.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T13:10:46.083086+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"721df97b4c951509965d07fd904d8bf86a163ad7","claim":"RYDER SYSTEM INC reported the three months ended March 31, 2024 results: revenue $3.1 billion, EPS $1.89. Guidance raised.","evidence_excerpt":"Ryder Reports First Quarter 2024 Results Delivers Solid Q1 Results; Raises Full-Year 2024 Forecast First Quarter 2024 Highlights • GAAP EPS from continuing operations of $1.89 compared to $2.95 in prior year • Comparable EPS (non-GAAP) from continuing operations of $2.14, as compared to $2.81 in prior year, reflecting weaker market conditions in used vehicle sales and rental, partially offset by higher Supply Chain Solutions (SCS) and ChoiceLease results • Total revenue of $3.1 billion compared to $3.0 billion in prior year • Operating revenue (non-GAAP) of $2.5 billion, up 6%, reflecting recent acquisitions and contractual revenue growth, partially offset by lower commercial rental revenue in Fleet Management Solutions (FMS) Full -Year 2024 Forecast • ROE of 15.5% - 16.5% • Comparable EPS (non-GAAP) of $11.75 - $12.50 • Operating revenue (non-GAAP) expected to increase by approximately 10% • Net cash provided by operating activities from continuing operations of $2.4 billion and free","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/85961/000008596124000075/0000085961-24-000075-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the three months ended March 31, 2024"},{"label":"Revenue","value":"$3.1 billion"},{"label":"EPS","value":"$1.89"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}