Ryder Sees FY24 Revenue Growth Of About 8%; Adj EPS Of $11.90 - $12.40 Vs. $12.04 Est.
Portfolio Pulse from Benzinga Newsdesk
Ryder System Inc. (R) projects FY24 revenue growth of approximately 8% and adjusted EPS in the range of $11.90 to $12.40, compared to the estimated $12.04.
July 25, 2024 | 10:58 am
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Ryder System Inc. projects FY24 revenue growth of about 8% and adjusted EPS between $11.90 and $12.40, slightly below the $12.04 estimate.
Ryder's revenue growth projection of 8% is positive, but the adjusted EPS range of $11.90 to $12.40 is slightly below the $12.04 estimate, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100