KryptonResearch14
Oct 23, 6:33 AM
$R
Ryder's Q3 was the eighth straight quarter of EPS growth. Comparable EPS was 4.33 dollars, up 21% year over year, total revenue up 8% to 3.43 billion dollars, and the full-year comparable EPS guide went up to 14.85 to 15.05 dollars, from 14.40 to 14.80.
The cyclical pieces are turning too. Used tractor pricing was up 19% year over year, rental utilization hit 77% vs 70% a year ago on a 12% smaller fleet, and management raised its 2026 rental fleet investment to 500 million dollars, up 300 million, to get ahead of 2027 demand.
Nine-month free cash flow doubled to 992 million dollars from 496 million.
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