Ryder System, Inc. Third Quarter Earnings Coming Up

S&P 500 (NYSE:SPY) component Ryder System, Inc. (NYSE:R) will unveil its latest earnings on Tuesday, October 25, 2011. 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 profit of $1.03 per share, a rise of 35.5% 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 92 cents. Between one and three months ago, the average estimate moved up. It has risen from $1.02 during the last month. Analysts are projecting profit to rise by 54.5% versus last year to $3.43.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 2 cents, reporting net income of 79 cents per share against a mean estimate of profit of 77 cents per share.

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Wall St. Revenue Expectations: On average, analysts predict $1.55 billion in revenue this quarter, a rise of 17.4% from the year ago quarter. Analysts are forecasting total revenue of $6.01 billion for the year, a rise of 16.9% from last year’s revenue of $5.14 billion.

Analyst Ratings: 11 out of 15 analysts surveyed (73.3%) have a buy rating on Ryder System.. This is below the mean analyst rating of nine competitors, which average 77.8% buy ratings.

A Look Back: In the second quarter, profit rose 34.2% to $40 million (77 cents a share) from $29.8 million (56 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 17.7% to $1.51 billion from $1.29 billion.

Key Stats:

The company has seen net income rise in three straight quarters. Net income rose more than twofold in the first quarter and more than fourfold in the fourth quarter of the last fiscal year.

Revenue has risen the past four quarters. Revenue rose 16.8% in the first quarter from the year earlier, climbed 6.5% in the fourth quarter of the last fiscal year from the year-ago quarter and 4.8% in the third 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), AMERCO (NASDAQ:UHAL), UTi Worldwide Inc. (NASDAQ:UTIW), Expeditors Intl. of Washington (NASDAQ:EXPD), Hub Group, Inc. (NASDAQ:HUBG), Roadrunner Transportation Services Hold. (NYSE:RRTS), Echo Global Logistics, Inc. (NASDAQ:ECHO), Vitran Corp., Inc. (NASDAQ:VTNC), FedEx (NYSE:FDX), United Parcel Service, Inc. (NYSE:UPS).

Stock Price Performance: During July 26, 2011 to October 19, 2011, the stock price had fallen $11.99 (-20.9%) from $57.29 to $45.30. The stock price saw one of its best stretches over the last year between December 13, 2010 and December 21, 2010 when shares rose for seven-straight days, rising 10.2% (+$4.66) 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% (-$15.13) over that span. Shares are down $6.47 (-12.5%) year to date.

(Source: Xignite Financials)

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