Ryder System Inc. (R) revealed a profit for its third quarter that gained ground from last year.
The company said its bottom line came in at $93.3 million, or $1.74 per share. This was higher than $86.5 million, or $1.63 per share, in last year's third quarter.
Analysts had expected the company to earn $1.73 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company said revenue for the quarter rose 6.7% to $1.43 billion. This was up from $1.34 billion last year.
Ryder System Inc. earnings at a glance:
-Earnings (Q3): $93.3 Mln. vs. $86.5 Mln. last year.
-Earnings Growth (Y-o-Y): 7.9%
-EPS (Q3): $1.74 vs. $1.63 last year.
-EPS Growth (Y-o-Y): 6.7%
-Analysts Estimate: $1.73
-Revenue (Q3): $1.43 Bln vs. $1.34 Bln last year.
-Revenue Change (Y-o-Y): 6.7%
-Guidance:
Next quarter EPS guidance: $1.72 - $1.82
Full year EPS guidance: $6.17 - $6.29
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