secwatch.observer — SEC 8-K summary
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Issuer:     RYDER SYSTEM INC (R)
CIK:        0000085961
Form:       8-K
Filed at:   2024-10-24T23:59:59+00:00
Accession:  0000085961-24-000154
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ryder Q3 comparable EPS $3.44 vs $3.58 YoY; reaffirms FY24 EPS guidance
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- GAAP EPS $3.25 vs $3.44 Q3 2023; Comparable EPS $3.44 vs $3.58.
- Total revenue $3.2B (+8% YoY); operating revenue $2.6B (+9% YoY).
- FMS EBT $132M (-22%), SCS EBT $93M (+14%), DTS EBT $36M (+31%).
- Board authorized new 2M-share repurchase program; FY24 capex ~$2.9B.
- Reaffirms FY24 adjusted ROE 16%-16.5%; debt-to-equity 249% (target 250-300%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/85961/000008596124000154/0000085961-24-000154-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/85961/000008596124000154/r-20241024.htm
  HTML page:      https://secwatch.observer/filing/0000085961-24-000154

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