Ryder raises earnings outlook as fleet profitability and rental demand improve
Ryder ($R) reported third-quarter 2026 revenue of $3.43 billion, up 8%, while comparable earnings increased 21% to $4.33 per share. GAAP earnings from continuing operations rose 25% to $4.16 per share. Higher Fleet Management Solutions earnings and share repurchases supported the improvement, with growth across all business segments. The logistics and vehicle-leasing group raised its full-year 2026 comparable earnings forecast to $14.85–$15.05 per share and its return-on-equity target to 18%–19%
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