Ryder System Inc. Fourth Quarter Earnings Sneak Peek

S&P 500 (NYSE:SPY) component Ryder System, Inc. (NYSE:R) will unveil its latest earnings on Thursday, February 2, 2012. Ryder System is a global provider of transportation and supply chain management solutions.

Ryder System, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 97 cents per share, a rise of 49.2% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 96 cents. Between one and three months ago, the average estimate was unchanged. It has risen during the last month. Analysts are projecting profit to rise by 57.2% versus last year to $3.49.

Past Earnings Performance: Last quarter, the company beat estimates by 7 cents, coming in at profit of $1.09 a share versus the estimate of net income of $1.02 a share. It marked the fourth straight quarter of beating estimates.

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Wall St. Revenue Expectations: On average, analysts predict $1.54 billion in revenue this quarter, a rise of 17.6% from the year ago quarter. Analysts are forecasting total revenue of $6.05 billion for the year, a rise of 17.7% from last year’s revenue of $5.14 billion.

Analyst Ratings: Analysts are bullish on this stock with 11 analysts rating it as a buy, none rating it as a sell and four rating it as a hold.

A Look Back: In the third quarter, profit rose 45.5% to $56.5 million ($1.10 a share) from $38.8 million (74 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 19.3% to $1.57 billion from $1.32 billion.

Key Stats:

The company has seen net income rise in three straight quarters. Net income rose 34.2% in the second quarter and more than twofold in the first quarter.

Revenue has risen the past four quarters. Revenue rose 17.7% in the second quarter from the year earlier, climbed 16.8% in the first quarter from the year-ago quarter and 6.5% in the fourth quarter of the last fiscal year.

Competitors to Watch: Pacer International, Inc. (NASDAQ:PACR), J.B. Hunt Transport Services, Inc. (NASDAQ:JBHT), Northgate plc (NYSE:NTG), Hub Group, Inc. (NASDAQ:HUBG), Avis Budget Group Inc. (NYSE:CAR) and AMERCO (NASDAQ:UHAL).

Stock Price Performance: During November 29, 2011 to January 27, 2012, the stock price had risen $8.25 (16.9%) from $48.93 to $57.18. The stock price saw one of its best stretches over the last year between December 19, 2011 and December 27, 2011 when shares rose for six-straight days, rising 8.4% (+$4.20) over that span. It saw one of its worst periods between July 27, 2011 and August 8, 2011 when shares fell for nine-straight days, falling 26.3% (-$15.05) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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