Earnings ·
Ryder reports Q3 GAAP EPS of $4.16, up 25%, and raises full-year comparable EPS outlook to $14.85-$15.05
RRyder System Inc
Ryder System reported third-quarter results with GAAP diluted earnings per share from continuing operations of $4.16, a 25% increase from the prior year period. Total revenue reached $3.4 billion, up 8%, driven by growth across all business segments including Fleet Management Solutions and Supply Chain Solutions. The company raised its full-year 2026 comparable EPS guidance to a range of $14.85 to $15.05 and increased its return on equity target to 18%-19%. Additionally, Ryder announced an increase in fourth-quarter rental fleet investment by $300 million to capture expected demand. Ryder System is a leading provider of supply chain, dedicated transportation, and fleet management solutions.