Ryder Sees FY23 Total Revenue Growth ~(2%); Sees FY23 Adj. EPS $12.20-$12.70 Vs $11.59 Est
Portfolio Pulse from Benzinga Newsdesk
Ryder System, Inc. (R) has projected its total revenue growth for FY23 to be around 2%. The company also expects its adjusted EPS for FY23 to be between $12.20 and $12.70, higher than the estimated $11.59.
July 26, 2023 | 12:01 pm
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Ryder System's FY23 revenue growth projection of 2% and higher-than-expected adjusted EPS could potentially boost investor confidence and positively impact its stock price.
Ryder System's projected revenue growth and higher-than-expected EPS for FY23 indicate a positive financial outlook. This could increase investor confidence and demand for the stock, potentially leading to a rise in its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100