Last quarter Ryder System (R) topped estimates by one cent per share, and it is scheduled to report again on Tuesday.
ExpectationsAnalysts currently expect Ryder System to come in with earnings of 93 cents per share on revenues of $1.59 billion. Estimates range from 91 cents per share to 95 cents per share. Over the past two months, the average estimate has moved down from $1.10.
Stock MovementRecently, the stock price has been rising Since July 11, 2012 business days the stock has risen $1.90 per share. Looking at change over the last three months, April 23, 2012 and July 18, 2012, the stock price fell $13.05 (-27%), from $48.38 to $35.33.
Company Fundamental TrendsThe company will look to keep the its run of success flowing with earnings announcement, after experiencing income increases the last three quarters. Net income rose 45.5% in the third quarter of the last fiscal year and 29.6% in the fourth quarter of the last fiscal year before increasing again in the first quarter. On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 17.7% in the second quarter of the last fiscal year, 19.3% in the third quarter of the last fiscal year and 17.3% in the fourth quarter of the last fiscal year before increasing again in the first quarter. Stock Ratings
Analysts are bullish on the stock as 10 analysts rate it as a buy and there are no sell ratings. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.
Last Quarter's ResultsIn the first quarter, profit rose 36.6% to $34.3 million (67 cents a share) from $25.1 million (48 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 7.8% to $1.54 billion from $1.43 billion.
SummaryReporting Period: 2Q
Date of Release: Tuesday, July 24, 2012 before market open
EPS: 93 cents
Revenue Estimate: $1.59 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)








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