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R / Ryder stock rallies after big profit beat, an upbeat outlook and plans for $300 million ASR

Ryder stock rallies after big profit beat, an upbeat outlook and plans for $300 million ASR
Shares of Ryder System Inc. R, +2.09% rallied 5.2% in premarket trading Wednesday, after the truck rental company reported fourth-quarter earnings that rose above expectations, provided an upbeat full-year outlook and announced plans for a $300 million accelerated stock repurchase (ASR) program. Net income increased seven-fold to $181.1 million, or $3.36 a share, from $25.6 million, or 48 cents a share, in the year-ago period. Read More
Posted: Feb 16 2022, 08:11
Author Name: Market Watch
Views: 111686

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Ryder (R) Beats Q3 Earnings Estimates, Tweaks 2023 EPS View

By Zacks Investment Research
October 26, 2023

Ryder (R) Beats Q3 Earnings Estimates, Tweaks 2023 EPS View

Ryder (R) third-quarter 2023 earnings fall 19.6% year over year, largely reflecting weaker market conditions in used vehicle sales and rental. more_horizontal

Ryder System's (R) Q3 2023 Earnings Call Transcript

By Seeking Alpha
October 25, 2023

Ryder System's (R) Q3 2023 Earnings Call Transcript

Ryder System, Inc. (NYSE:R ) Q3 2023 Earnings Conference Call October 25, 2023 11:00 AM ET Company Participants Calene Candela - Vice President, Inves more_horizontal

Fast-paced Momentum Stock Ryder (R) Is Still Trading at a Bargain

By Zacks Investment Research
October 9, 2023

Fast-paced Momentum Stock Ryder (R) Is Still Trading at a Bargain

Ryder (R) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained more_horizontal

Ryder (R) Extends Multiclient Warehouse Footprint in Aurora

By Zacks Investment Research
October 6, 2023

Ryder (R) Extends Multiclient Warehouse Footprint in Aurora

Ryder's (R) latest move to widen its multiclient warehouse network in the greater Chicago area is expected to create job opportunities. more_horizontal

5 Reasons Why Investors Should Bet on Ryder (R) Stock Now

By Zacks Investment Research
October 6, 2023

5 Reasons Why Investors Should Bet on Ryder (R) Stock Now

Ryder System, Inc. R is benefiting from its shareholder-friendly initiatives. The full-year 2023 earnings guidance looks encouraging. more_horizontal

Ryder Begins Rollout of BrightDrop Zevo 600 Electric Van Rentals

By PYMNTS
September 20, 2023

Ryder Begins Rollout of BrightDrop Zevo 600 Electric Van Rentals

Ryder System has deployed its first BrightDrop Zevo 600 electric vans that are available for rent at four Ryder facilities in three states: Califor more_horizontal

Ryder (R) Touches 52-Week High: What's Driving the Stock?

By Zacks Investment Research
September 19, 2023

Ryder (R) Touches 52-Week High: What's Driving the Stock?

Ryder (R) expects full-year adjusted earnings per share between $12.20 and $12.70 (prior view: $11.30-$12.05). more_horizontal

Ryder: Not Generating Value, But Not Destroying It

By Seeking Alpha
September 6, 2023

Ryder: Not Generating Value, But Not Destroying It

Ryder has shown long-term growth in revenue, net income, and free cash flow. It has a solid balance sheet, reasonable share repurchases, and a fairly- more_horizontal


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