Benzinga | Jul 28, 2021 07:57AM EDT

Ryder System Q2 Adj. EPS $2.40 Beats $1.37 Estimate, Sales $2.38B Beat $2.22B Estimate; Raises Guidance

Ryder System (NYSE:R) reported quarterly earnings of $2.40 per share which beat the analyst consensus estimate of $1.37 by 75.18 percent. This is a 352.63 percent increase over losses of $(0.95) per share from the same period last year. The company reported quarterly sales of $2.38 billion which beat the analyst consensus estimate of $2.22 billion by 7.30 percent. This is a 25.70 percent increase over sales of $1.90 billion the same period last year.