Ryder reports Q3 adjusted EPS $3.57, consensus $3.54

Reports Q3 revenue $3.17B, consensus $3.19B. “Ryder (R) delivered our fourth consecutive quarter of earnings-per-share growth,” says Ryder Chairman and CEO Robert Sanchez. “Earnings were in line with our expectations as operating performance from our resilient contractual businesses and benefits from our strategic initiatives more than offset the impact from freight market conditions. We are on track to deliver earnings growth in 2025 driven by benefits from our lease pricing and multi-year maintenance cost-saving initiatives, acquisition synergies, and optimization of our omnichannel retail network.”