Ryder Sees Q3 Adj EPS Of $3.30 - $3.50 Vs. $3.39 Est.
Portfolio Pulse from Benzinga Newsdesk
Ryder System Inc. (R) has announced its Q3 adjusted EPS guidance to be in the range of $3.30 to $3.50, compared to the analyst estimate of $3.39.
July 25, 2024 | 10:59 am
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Ryder System Inc. has provided Q3 adjusted EPS guidance of $3.30 to $3.50, which is slightly above the analyst estimate of $3.39. This positive guidance could lead to a short-term increase in the stock price.
The guidance provided by Ryder System Inc. is slightly above the analyst estimate, which is generally perceived positively by the market. This could lead to a short-term increase in the stock price as investors react to the better-than-expected earnings projection.
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