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BUZZ-Ryder System falls after forecasting profit below estimates

Reuters
Yesterday
BUZZ-Ryder System falls after forecasting profit below estimates

** Shares of logistics firm Ryder System R.N falls 3% to about $206 premarket, after forecasting comparable adjusted profit below Wall Street estimates

** Co expects 2026 comparable adjusted profit between $13.45 and $14.45 per share, below analysts' average estimate of $14.63 per share, according to data compiled by LSEG

** Forecasts 2026 revenue growth of 1% and operating revenue growth of 3%

** Sees first-quarter comparable adjusted profit of $2.10-$2.35 per share vs estimates of $2.69 per share

** Reports Q4 comparable adjusted profit of $3.59 per share, compared with analysts' average estimate of $3.57 per share

** In 2025, Ryder System rose 22%

(Reporting by Apratim Sarkar in Bengaluru)

((Apratim.Sarkar@thomsonreuters.com))

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