Ryder System (NYSE:R) reported Q4 EPS of $3.89, $0.39 better than the analyst estimate of $3.50. Revenue for the quarter came in at $3.1 billion versus the consensus estimate of $3.02 billion.
GUIDANCE:
Ryder System sees Q1 2023 EPS of $11.05-$12.05, versus the consensus of $10.91.
- ROE of 16% - 18%
- Comparable EPS (non-GAAP) forecast of $11.05 - $12.05
- Operating revenue (non-GAAP) expected to increase by approximately 4%
- Net cash provided by operating activities from continuing operations forecast of $2.4 billion; free cash flow (non-GAAP) forecast of approximately $200 million
- Authorizes new 2-million-share discretionary repurchase program