Once again, Ryder’s bottom line is boosted by used vehicle sales
A variety of performances being hit, including used vehicle sales, let Ryder hit most of its key targets in the second quarter. The post Once again, Ryder’s bottom line is boosted by used vehicle sales appeared first on FreightWaves.
Quick take
Read original at Yahoo Finance Ryder's non-GAAP earnings per share rose 12% to $3.73, driven in part by strong used vehicle sales with tractor and truck prices up 3% and 6% respectively. The company increased its 2026 non-GAAP earnings per share forecast to $14.40-$14.80. Ryder's stock fell 3.55% to $266.56 despite the solid performance.
Summarised by netranta from Yahoo Finance. Open the original for the full story.
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