Ryder Systems: Upgraded estimates for second quarter earnings and full year

The share of Ryder Systems, a transport and logistics company, rose 1.1% in pre-conference trading, as the company upgraded earnings per share for the second quarter and over the year.

The US company said it now expects earnings per share to reach $ 4.37-4.62, higher than previous estimates for $ 3.97-4.22.

He expects comparable earnings per share to be $ 3.90-4.15, higher than estimates for $ 3.50-3.75.

Convergent estimates point to earnings per share for the second quarter at $ 3.71.

For the full year, earnings per share are now estimated at $ 13.23-14.23, compared to the company’s previous estimate of $ 12.83-13.83.

The convergent estimates spoke of earnings per share in the year, $ 13.86.

Source: Capital

You may also like