The company entered into an agreement to acquire Pit Stop and expects to complete the transaction by Aug. 1, subject to customary closing conditions, Ryder said in a Monday (July 15) press release. Ryder's Torque by Ryder retail mobile maintenance offering was launched in the summer of 2023 and services commercial trucks, trailers, delivery vans, refrigerated vehicles, construction and utility vehicles, passenger and shuttle buses, and emergency response vehicles, according to the release. Ryder will fully ...

In a shareholder-friendly move, R's board of directors has approved a dividend hike of 14.1%, thereby raising its quarterly cash dividend to 81 cents per share ($3.24 annualized) from 71 cents ($2.84 annualized). The raised dividend will be paid out on Sep 20, 2024, to shareholders of record at the close of business on Aug 19. The move reflects R's intention to utilize free cash to enhance its shareholders' returns. Ryder has been consistently making efforts to reward its shareholders through dividends and ...

Vancouver, British Columbia--(Newsfile Corp. - July 12, 2024) - Nova Pacific Metals Corp. (CSE: NVPC) (OTCQB: NVPCF) (FSE: YQ1) (WKN: A3DMP6) (the "Company," or "Nova Pacific") is pleased to announce that it has qualified for trading on the OTCQB® Venture Market (the "OTCQB") in the United States operated by the OTC Markets Group Inc. The Company's common shares commenced trading today on the OTCQB under the symbol "NVPCF". Nova Pacific 's common shares will continue to trade on the Canadian Securities Exch ...

Mocksville, North Carolina--(Newsfile Corp. - July 9, 2024) - 22nd Century Group, Inc. (NASDAQ: XXII), a tobacco products company focused on nicotine harm reduction and contract manufacturing, today announced a new agreement for full-scale commercial rollout of its VLN® reduced nicotine content cigarettes in South Korea. The new agreement with 22nd Century's local partner, Nico-Tech Korea, Inc., follows an initial test launch conducted in 2022 that identified product updates needed to align with local South ...

This truck leasing company is expected to earn $12.26 per share for the fiscal year ending December 2024, which represents a year-over-year change of -5.3%. Analysts have been steadily raising their estimates for Ryder. Over the past three months, the Zacks Consensus Estimate for the company has increased 3.1%. Ryder (R) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of ...

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While the proven Zacks Rank places an emphasis on earnings estimates and estimate revisions to find strong stocks, we also know that investors tend to develop their own individual strategies. With this in mind, we are always looking at value, growth, and momentum trends to discover great companies. Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use a variety of methods, including tried-and-true valuation metrics, to find these ...

In the first quarter of 2024, Ryder reported total revenues of $3.1 billion, representing a 3.3% year-over-year increase, driven by strong performance across its segments. The company's adjusted operating revenues rose to $2.5 billion, reflecting 6% year-over-year growth, recent acquisitions and contractual revenue growth, partially offset by lower commercial rental revenues in Fleet Management Solutions. Key Risks Shares of R have rallied 45.4% in the past year compared with its industry's growth of 37% in ...

In Q1, Joe's revenue surged 20% to $87.8 million as people flocked to their communities. The company's hospitality segment shone, with revenue jumping 60% to $39.3 million as hotel rooms and club memberships swelled. Residential real estate also stayed hot, with revenue up 10% as average selling prices surged. The company's Hospitality and Commercial segments are actually responsible for most of St. Joe's revenue, and this growth is accelerating. On the date of publication, Omor Ibne Ehsan did not hold (eit ...

It has been about a month since the last earnings report for Ryder (R) . Shares have lost about 0.9% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Ryder due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Earnings Beat at Ryder in Q4 Ryder's first-quarter 2024 ea ...