The exciting news about Ryder System (NYSE: R) will be shared on Thursday 24th October 2024. Investors and analysts are eagerly waiting to hear about the company's financial performance for the third quarter of 2024. This significant announcement will happen before market open.
According to the forecasts of financial experts on Wall Street, the company is expected to reveal an anticipated $3.42 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $3.29 billion.
Wall Street analysts have revealed their forecasts for the company's annual performance, predicting a total revenue of $12.92 billion. Additionally, they expect the company to report per share profit of $12.13 for the fiscal year.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $3.58. This figure was attributed to the company's total revenue, which reached an impressive $2.92 billion during that same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $3.00 | -16.9% | 3.18 B | +10.3% |
| Q1 2024 | $2.14 | -23.8% | 3.10 B | +4.9% |
| Q4 2023 | $2.95 | -24.2% | 3.02 B | -2.1% |
| Q3 2023 | $3.58 | -19.6% | 2.92 B | -3.7% |
| Q2 2023 | $3.61 | -18.5% | 2.88 B | -4.9% |
| *Growth on year-over-year basis | ||||
The organization will host a conference call with investment community on 24th October 2024 at 11:00 AM eastern time to discuss the financial results.
Ryder System (R) closed Tuesday's regular trading session at $145.73, reflecting a 0.74 percent downfall, with a volume of 285.70 thousand shares.
