Ryder increases long-term adjusted ROE target to 20-22% from prior 17-19% at Investor Day

RYDER SYSTEM INC

Reaffirmed full-year 2024 guidance as previously reported in Q1 2024 earnings.
Increased long-term adjusted ROE target to low twenties (20%-22%) over the cycle, up from high teens (17%-19%).
Investor Day in New York City on June 13, 2024 featured leadership presentations and two Q&A sessions.
CEO Sanchez cited business transformation and expected cycle upturn as drivers of improved returns.

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