Ryder Sees FY24 Comparable EPS $11.50-$12.50 vs $11.91 Est., Total Revenue Growth ~13%
Portfolio Pulse from Benzinga Newsdesk
Ryder System, Inc. projects its FY24 comparable EPS to be in the range of $11.50-$12.50, compared to the estimated $11.91. The company also expects a total revenue growth of approximately 13%.

February 14, 2024 | 11:57 am
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Ryder System, Inc. anticipates its FY24 comparable EPS to be between $11.50 and $12.50, which brackets the current analyst estimate of $11.91. Additionally, the company is expecting a total revenue growth of around 13%.
The projection of Ryder's FY24 comparable EPS to be in the range of $11.50-$12.50, which encompasses the analyst estimate of $11.91, suggests a positive outlook on the company's earnings potential. This, combined with the anticipated revenue growth of approximately 13%, indicates a strong financial performance for the upcoming fiscal year. Such positive forecasts are likely to instill investor confidence and could lead to an uptick in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100