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Ryder raises 2026 annual guidance following strong Q3 results

FreightWaves ·

R
R Ryder System Inc
$265.53 +10.49%
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  1. 1Ryder raised its 2026 annual non-GAAP earnings per share estimate to $14.05-$14.85.
  2. 2Ryder's Fleet Management Solutions (FMS) segment recorded a 10% revenue growth rate in Q3.
  3. 3Ben Moore explained that Ryder's financial figures were better than expected.

So what's the key point?

Ryder earned good money from its vehicle management services in the third quarter. Because the results were better than experts expected, the company also raised its profit outlook for 2026.

Source FreightWaves · View original ↗

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