Delivra Health Brands and its Leading Brands Dream Water (R) and LivRelief(TM) Report Financial Results for First Quarter of Fiscal 2025November 25, 2024 7:10 AM EST | Source: Delivra Health Brands Inc.Vancouver, British Columbia--(Newsfile Corp. - November 25, 2024) - Delivra Health Brands Inc. (TSXV: DHB) (OTCQB: DHBUF) ("Delivra Health" or the "Company"), a consumer packaged goods company in the health and wellness sector, is pleased to announce its financial and operating results for the t ...

Brisbane, Queensland, Australia--(Newsfile Corp. - November 21, 2024) - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to announce the launch of SUPER G®, a graphene slurry which can be used to enhance the performance of lithium-ion batteries. This breakthrough product has the potential to reshape the future of energy storage, offering battery manufacturers an innovative solution that optimizes efficiency, power, and longevity.Figure 1To view an enhanced ve ...

Brisbane, Queensland, Australia--(Newsfile Corp. - November 19, 2024) - Graphene Manufacturing Group Ltd. (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to provide a business update on the commercialisation progress of THERMAL-XR® Powered by GMG Graphene.SINGAPORE GREEN BUILDING COUNCIL PRODUCT APPROVALThe Singapore Green Building Council has approved THERMAL-XR to be certified as a Singapore Green Building Product (SGBP) under the category of Mechanical - ACMV - Coil Coating. It is the fir ...

Vancouver, British Columbia--(Newsfile Corp. - November 1, 2024) - Jackpot Digital Inc. (TSXV: JJ) (TSXV: JJ.WT.C) (OTCQB: JPOTF) (FSE: LVH3) (the "Company" or "Jackpot"), a leading manufacturer of electronic multiplayer dealerless poker tables, is pleased to announce it has placed an order with its manufacturing partner for 100 additional Jackpot Blitz® dealerless electronic poker tables (ETGs). Production of the units will begin immediately.Jackpot CEO, Jake Kalpakian, states "We continue to focus on exp ...

● ● . SusGlobal(R) Announces Additional Sales of Carbon Credits and VERRs Generated from Its Belleville Composting Offset Project October 29, 2024 8:30 AM EDT | Source: SusGlobal Energy Corp. Toronto, Ontario--(Newsfile Corp. - October 29, 2024) - SusGlobal Energy Corp. (OTCQB: SNRG) ("SusGlobal" or the "Company"), an environmental, agricultural and industrial biotechnology and renewables company, Leaders in The Circular Economy® today announced that its wholly owned subsidiary SusGlobal Energy Belleville L ...

Core Viewpoint - Ryder System, Inc. reported better-than-expected earnings for Q3 2024, leading to a 0.6% increase in share price since the earnings release on October 24, 2024 [1] Financial Performance - Quarterly earnings per share (EPS) were $3.44, exceeding the Zacks Consensus Estimate of $3.39, but down 3.9% year over year due to weaker market conditions in rental and used vehicle sales [2] - Total revenues reached $3.16 billion, falling short of the Zacks Consensus Estimate of $3.36 billion, but improved by 8.3% year over year [3] - Operating revenues of $2.59 million grew by 9% year over year, attributed to recent acquisitions [3] Segmental Results - Fleet Management Solutions generated total revenues of $1.47 billion, down 1% year over year, while operating revenues increased by 1% to $1.28 million due to higher ChoiceLease revenues [4] - Supply-Chain Solutions saw total revenues rise by 10% year over year to $1.31 billion, driven by recent acquisitions [4] - Dedicated Transportation Solutions reported total revenues of $633 million, a 41% increase year over year, with operating revenues up 49% to $486 million, also due to acquisitions [5] Liquidity & Capital Expenditures - Ryder ended Q3 with cash and cash equivalents of $162 million, slightly down from $164 million in the previous quarter, while total debt increased to $7.60 billion from $7.53 billion [6] - The company generated $629 million in net cash from operating activities, with free cash flow at $147 million and capital expenditures of $598 million [6] Outlook - For Q4 2024, Ryder expects adjusted EPS in the range of $3.32-$3.52, with the Zacks Consensus Estimate at $3.69 [7] - The updated guidance for 2024 estimates adjusted EPS between $11.90 and $12.10, with the prior view being $11.90 and $12.40 [7] - Total revenues are anticipated to increase by nearly 7%, down from a prior estimate of 8%, while operating revenues are still forecasted to rise by 8% [8]

Financial Data and Key Metrics Changes - Operating revenue for Q3 2024 was $2.6 billion, up 9% from the prior year, driven by recent acquisitions [10] - Comparable earnings per share (EPS) from continuing operations were $3.44, down from $3.58 in the prior year, reflecting weaker market conditions in used vehicle sales and rental [11] - Year-to-date free cash flow increased to $218 million from $32 million in the prior year, primarily due to lower capital expenditures [11] Business Line Data and Key Metrics Changes - Fleet Management Solutions (FMS) operating revenue increased by 1%, with ChoiceLease revenue growing by 7% [12] - Supply Chain operating revenue increased by 10%, with earnings up 14% due to stronger omnichannel retail performance [15] - Dedicated operating revenue surged by 49%, reflecting the acquisition of Cardinal Logistics, with earnings increasing by 31% [16] Market Data and Key Metrics Changes - Used vehicle sales results showed a 22% decline in used tractor proceeds and a 19% decline in used truck proceeds compared to the prior year [14] - Rental utilization on the power fleet was 71%, down from 75% in the prior year, indicating ongoing weakness in the freight environment [12] - The used vehicle inventory mix has shifted towards trucks, which are experiencing more favorable pricing trends than tractors [15] Company Strategy and Development Direction - The company is focused on creating value through operational excellence and customer-centric innovation, aiming for profitable growth [7] - A new discretionary share repurchase program was authorized, with $382 million returned to shareholders year-to-date through share repurchases and dividends [7] - The company expects to generate approximately $10 billion from operating cash flow and used vehicle sales proceeds between 2024 and 2026, creating $3.5 billion of incremental debt capacity [19] Management's Comments on Operating Environment and Future Outlook - Management noted that the current freight recession and weak market conditions in used vehicle sales and rental are ongoing challenges [5] - The outlook for Q4 2024 anticipates year-over-year earnings growth for the first time since Q4 2022, driven by higher contractual earnings [22] - Management remains confident in long-term growth trends across all business segments despite current economic uncertainties [23] Other Important Information - The company expects 2024 comparable EPS to be in the range of $11.90 to $12.10, which is double the 2018 comparable EPS of $5.95 [9] - The forecast for free cash flow remains unchanged at positive $150 million to $250 million for 2024 [21] Q&A Session Summary Question: Can you discuss lease renewal experiences and the impact of private fleets? - Management indicated that while private fleets are not growing as much, long-term growth is expected as they continue to expand [32][33] Question: Are there signs of recovery in the rental market? - Management noted a seasonal pickup in Q3 but no significant recovery is expected in Q4, with a potential upturn anticipated in 2025 [35] Question: What is the competitive landscape like in the current environment? - Management highlighted that competition is more focused on redeployable assets rather than new capital, maintaining pricing discipline [52][53]

Ryder (R) reported $3.17 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 8.3%. EPS of $3.44 for the same period compares to $3.58 a year ago.The reported revenue represents a surprise of -5.95% over the Zacks Consensus Estimate of $3.37 billion. With the consensus EPS estimate being $3.39, the EPS surprise was +1.47%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expect ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE QUARTERLY PERIOD ENDED SEPTEMBER 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number: 1-4364 RYDER SYSTEM, INC. (Exact name of registrant as specified in its charter) Florida 59-0739250 (State or other jurisdiction of incorp ...

Ryder (R) came out with quarterly earnings of $3.44 per share, beating the Zacks Consensus Estimate of $3.39 per share. This compares to earnings of $3.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 1.47%. A quarter ago, it was expected that this truck leasing company would post earnings of $2.88 per share when it actually produced earnings of $3, delivering a surprise of 4.17%.Over the last four quarters, the company has ...