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AI brief of an SEC Form 8-K · Ryder (R)

Ryder Q2 comparable EPS falls to $3.00 from $3.61 as total revenue rises 10%

Mixed Impact 3 of 5 earnings Written later

Ryder reported second-quarter 2024 results for the three months ended June 30, with total revenue up to $3.2 billion from $2.9 billion and comparable EPS from continuing operations down to $3.00 from $3.61. GAAP EPS from continuing operations rose to $2.83 from a loss of $(0.39), a comparison that reflects a prior-year non-cash FMS U.K. business exit charge. The company kept its full-year 2024 comparable EPS forecast at $11.90 to $12.40.

Key points

  • Comparable EPS of $3.00 versus $3.61 a year earlier, reflecting weaker rental and used vehicle sales, partly offset by higher contractual lease, supply chain and dedicated results.
  • Total revenue of $3.2 billion versus $2.9 billion; operating revenue (non-GAAP) of $2.6 billion, up 10%, reflecting recent acquisitions.
  • Full-year 2024 GAAP EPS forecast of $11.15 to $11.65 and comparable EPS forecast of $11.90 to $12.40.
  • Third-quarter 2024 comparable EPS forecast of $3.30 to $3.50.

The filing

CompanyRyder (R)
Form8-K, current report
Filed with the SECJul 25, 2024, 6:55 AM ET
Accession number0000085961-24-000136

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 25, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.