Here's Why Investors Should Retain Ryder (R) Stock Now

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 ...