Financial Data and Key Metrics Changes - The company reported comparable earnings per share of $12 for 2024, significantly above the $5.95 per share generated in 2018 prior to the business transformation [11][19] - Operating revenue grew 8% year-over-year, reflecting the cargo and IFS acquisitions [12] - Return on equity (ROE) was 16%, in line with expectations for an extended freight cycle downturn, and above the 13% generated during the prior cycle peak [11][20] Business Line Data and Key Metrics Changes - Fleet Management Solutions (FMS) operating revenue increased 3%, with pre-tax earnings of $152 million, primarily due to higher ChoiceLease performance [24][25] - Supply Chain Solutions (SCS) operating revenue increased 4%, with earnings up 58% year-over-year, driven by stronger omnichannel retail performance [29] - Dedicated Transportation Solutions (DTS) operating revenue increased 46%, reflecting the acquisition of Cardinal Logistics, with EBT as a percent of operating revenue at 7.1% for the quarter [30][32] Market Data and Key Metrics Changes - The company noted that 61% of 2024 revenue came from asset-light businesses compared to 44% in 2018, indicating a shift in revenue mix towards supply chain and dedicated services [19] - Operating cash flow increased 32% from $1.7 billion in 2018 to $2.3 billion in 2024, reflecting profitable growth in contractual lease, dedicated, and supply chain businesses [20] Company Strategy and Development Direction - The current phase of the balanced growth strategy focuses on operational excellence, customer-centric innovation, and generating profitable growth [15] - The company aims to continue executing its strategy while positioning itself for a cycle upturn, expecting to enhance full-cycle returns [15][49] - The company returned $456 million in cash to shareholders through share repurchases and dividends during 2024 [16] Management's Comments on Operating Environment and Future Outlook - Management expects a muted growth environment in 2025, reflecting freight market conditions, with operating revenue expected to grow approximately 2% [42][45] - The company anticipates typical seasonal patterns in rental demand and a modest improvement later in the year [43] - Management expressed confidence in the strength of the contractual portfolio and ongoing execution of strategic initiatives to drive earnings growth [49][52] Other Important Information - The company completed the acquisition of Cardinal Logistics on February 1, 2024, and IFS on November 1, 2023, enhancing its capabilities in dedicated transportation and supply chain solutions [13] - The company expects to generate approximately $10 billion from operating cash flow and used vehicle sales proceeds over the next three years, creating $3.5 billion of incremental debt capacity [38][39] Q&A Session Summary Question: Revenue growth guidance and moving parts - Management expects mid-single-digit growth in FMS, with continued softness in the freight market impacting overall growth [68][69] Question: Dynamics in FMS and rental demand - Management noted no significant upturn yet, with lease miles remaining flat and used vehicle pricing showing single-digit declines [75][79] Question: Supply chain and dedicated revenue outlook - Management indicated that secular trends favor outsourcing, but the freight market slowdown is impacting growth in dedicated and supply chain segments [88][90] Question: Impact of tariffs and trade policy - Management highlighted that uncertainty around tariffs creates headwinds for long-term contracts but expressed confidence in navigating these challenges [112][113] Question: Dedicated revenue per truck and margin recovery - Management explained that seasonal slowdowns and customer mix adjustments are affecting revenue per truck, with expectations for margin recovery through the integration of Cardinal [102][106]

Fourth Quarter 2024 Earnings Conference Call February 12, 2025 Safe Harbor and Non-GAAP Financial Measures Note Regarding Forward-Looking Statements: Certain statements and information included in this presentation are "forward-looking statements" under the Federal Private Securities Litigation Reform Act of 1995, including: our forecast; our outlook; our expectations regarding market trends and economic environment, such as rental demand, economic growth, challenging freight environment, weakening used veh ...

Ryder (R) reported $3.19 billion in revenue for the quarter ended December 2024, representing a year-over-year increase of 5.5%. EPS of $3.45 for the same period compares to $2.95 a year ago.The reported revenue represents a surprise of -5.13% over the Zacks Consensus Estimate of $3.36 billion. With the consensus EPS estimate being $3.42, the EPS surprise was +0.88%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their ne ...

Ryder (R) came out with quarterly earnings of $3.45 per share, beating the Zacks Consensus Estimate of $3.42 per share. This compares to earnings of $2.95 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 0.88%. A quarter ago, it was expected that this truck leasing company would post earnings of $3.39 per share when it actually produced earnings of $3.44, delivering a surprise of 1.47%.Over the last four quarters, the company h ...

News Release Ryder Reports Fourth Quarter 2024 Results and Provides 2025 Outlook Balanced Growth Strategy Delivers Earnings Growth in all Business Segments Fourth Quarter 2024 Highlights Full-Year 2024 Highlights Full-Year 2025 Forecast MIAMI, February 12, 2025 – Ryder System, Inc. (NYSE: R) reported results for the three months ended December 31 as follows: | | | | | | | | | Diluted | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | Earnings | | | | | | | Earnings | | | (In millions, exc ...

Ryder System, Inc. (R) is scheduled to report fourth-quarter 2024 results on Feb. 12, before market open.See the Zacks Earnings Calendar to stay ahead of market-making news.Ryder has an impressive earnings surprise history. The company's earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 11.3%.The Zacks Consensus Estimate for R’s soon-to-be-reported quarter’s earnings has been revised downward by 0.6% in the past 60 days to $3.42 per share ...

Core Insights - Edge Total Intelligence Inc. (edgeTI) has been recognized as an example vendor in the Simulation Digital Twin of a Person (SDToP) category in the 2024 Gartner Emerging Tech report [1][2] - The market for simulation digital twin (SDT)-enabling software and services is projected to grow significantly, reaching $379 billion by 2034 from $35 billion in 2024, with composite processes showing the strongest growth [3] - The company's edgeCore™ software integrates real-time data, control systems, and innovations like generative AI and machine learning to enhance digital twin capabilities [3][4] Company Overview - EdgeTI specializes in real-time digital operations software, helping organizations improve situational awareness and accelerate decision-making through its edgeCore™ platform [7] - The company offers demonstrations and free evaluations of its Simulation Digital Twins to potential enterprise clients [4] Strategic Advisory - Roth Canada, Inc. was engaged as a strategic advisor to edgeTI, providing general financial and strategic advice, and received a cash advisory fee of $125,000 [5]

The upcoming report from Ryder (R) is expected to reveal quarterly earnings of $3.42 per share, indicating an increase of 15.9% compared to the year-ago period. Analysts forecast revenues of $3.36 billion, representing an increase of 11.2% year over year.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Prior to a company's e ...

Wall Street expects a year-over-year increase in earnings on higher revenues when Ryder (R) reports results for the quarter ended December 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on February 12, 2025, might help the stock move higher if these key numbers are better than expectat ...

Core Insights - Edge Total Intelligence Inc. (edgeTI) has been recognized by Gartner in the report "Emerging Tech: The Future of Digital Business Units" as a sample tech provider supporting digital business units (DBUs) [1][2] - Gartner defines digital business units as parts of enterprises that create new digital-based businesses serving traditional industries like manufacturing and healthcare, often partnering and competing with traditional technology service providers [2][3] - The recognition highlights the growing trend of traditional enterprises in sectors such as manufacturing, finance, and oil and gas investing in separate DBUs to leverage their domain expertise and digital technology for better customer service [3] Company Overview - EdgeTI provides real-time digital twin software through its edgeCore™ platform, which integrates multiple software applications and data sources into a cohesive digital experience [7] - The platform aims to enhance situational awareness and accelerate decision-making for global enterprises, service providers, and governments, ultimately improving profitability and operational agility [7] - EdgeTI offers demonstrations and free evaluations of its technology for prospective enterprises, emphasizing its commitment to supporting digital business units [4]