Ryder(R)

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Ryder(R) - 2024 Q2 - Quarterly Results
2024-07-25 10:55
Outlook 3Q24 Comparable EPS (non-GAAP) $3.30 - $3.50 ———————————— The non-GAAP elements of this calculation have been reconciled to the corresponding GAAP measures. A numerical reconciliation of net earnings to adjusted net earnings and average shareholders' equity to adjusted average equity is provided in the Appendix - Non-GAAP Financial Measures Reconciliations at the end of this release. (1) Supplemental Company Information | --- | --- | --- | --- | --- | --- | --- | |----------------------------------- ...
Ryder (R) Gears Up to Report Q2 Earnings: What's in Store?
ZACKS· 2024-07-22 17:46
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 16.71%. Let's see how things have shaped up for Ryder this earnings season. The Zacks Consensus Estimate for Ryder's second-quarter 2024 revenues is pegged at $3.25 billion, indicating 12.69% growth year over year. The top line is likely to have been aided by revenue growth in all business segments. The Zacks Consensus Estima ...
Earnings Preview: Ryder (R) Q2 Earnings Expected to Decline
ZACKS· 2024-07-18 15:09
Zacks Consensus Estimate The consensus EPS estimate for the quarter has been revised 6.1% higher over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period. The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising t ...
Ryder (R) to Gain From Pit Stop Acquisition: Here's How
ZACKS· 2024-07-16 19:30
Founded in 1997, Pit Stop provides retail mobile commercial fleet maintenance, including battery, tire and transmission repairs, preventative maintenance, and breakdown assistance. How Will the Deal Benefit? The said acquisition is anticipated to add almost $24 million in gross revenues to Ryder's Torque by Ryder's business in 2025. The deal will also be accretive to Ryder's earnings. Torque by Ryder was launched in July 2023 and with the inclusion of Pit Stop, it is likely to operate a workforce of more th ...
Ryder Expands Mobile Maintenance Fleet Services With Pit Stop Acquisition
PYMNTS.com· 2024-07-15 15:53
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 ...
Ryder (R) Stock Rises More Than 3% Following Dividend Hike
ZACKS· 2024-07-15 14:51
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 ...
Nova Pacific Commences Trading on the OTCQB(R) Venture Market
Newsfile· 2024-07-12 12:30
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 ...
22nd Century to Re-Launch and Expand VLN(R) Presence in South Korea
Newsfile· 2024-07-09 12:30
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 ...
All You Need to Know About Ryder (R) Rating Upgrade to Strong Buy
ZACKS· 2024-06-27 17:00
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 ...
Why Fast-paced Mover Ryder (R) Is a Great Choice for Value Investors
ZACKS· 2024-06-27 13:50
A safer approach could be investing in bargain stocks with recent price momentum. While the Zacks Momentum Style Score (part of the Zacks Style Scores system) helps identify great momentum stocks by paying close attention to trends in a stock's price or earnings, our 'Fast-Paced Momentum at a Bargain' screen comes handy in spotting fast-moving stocks that are still attractively priced. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks o ...