Ryder System Earnings Preview: Can This Streak Continue?
Ryder System (NYSE:R) will report earnings before markets open on Tuesday, July 23rd. Ryder System, Inc. provides a continuum of logistics, supply chain, and transportation management solutions worldwide. The Company’s offerings range from full-service leasing, commercial rental and maintenance of vehicles to integrated services. The Company also offers comprehensive supply chain solutions, logistics management services, and e-Commerce solutions.
Here is your Cheat Sheet to Ryder System Earnings:
Earnings Expectations: Analysts expect earnings of $1.23 per share on revenues of $1.61 billion. Currently, the company’s P/E ratio stands at 14.41.
Analysts have a neutral outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings is a profit of $1.46 and has not changed. For the current year, the average estimate is a profit of $4.85, which is better than the estimate ninety days ago.
Here’s how Ryder System has been performing on an annual basis:
|Revenue ($) in millions||6,204||4,887||5,136||6,051||6,257|
|Diluted EPS ($)||3.52||1.11||2.25||3.31||4.09|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012||Mar. 31, 2013|
|Revenue ($) in millions||1,563.90||1,573.30||1,583.50||1,563.00|
|Diluted EPS ($)||0.91||1.47||1.05||0.77|
Ryder System has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.
“E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our successful CHEAT SHEET investing framework. Don’t waste another minute – click here to discover our CHEAT SHEET stock picks now!
(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)