Why Is Ryder (R) Down 15.3% Since Last Earnings Report?

Core Viewpoint - Ryder's shares have declined approximately 15.3% since the last earnings report, underperforming the S&P 500, raising questions about the potential for a breakout or continued negative trend leading up to the next earnings release [1] Group 1: Earnings Report and Estimates - Recent estimates for Ryder have trended upward over the past month, indicating a positive shift in expectations [2] - The magnitude of the upward revisions appears promising, suggesting potential for improved performance [4] Group 2: VGM Scores - Ryder currently holds an average Growth Score of C, while its Momentum Score is rated A, indicating strong performance in that area [3] - The stock has also received an A grade on the value side, placing it in the top quintile for this investment strategy, leading to an overall aggregate VGM Score of A [3] Group 3: Outlook - Despite the upward trend in estimates, Ryder has a Zacks Rank of 4 (Sell), suggesting expectations of below-average returns in the coming months [4]