Ryder (R) · wyniki II kw. 2026 i wycena

Prognozowane przepływy nie pokrywają długu, więc cena jest daleko powyżej wartości godziwej z modelu.

1. Prognoza ↑

   The company raised its 2026 comparable EPS forecast range to $14.40 to $14.80, which is more than double the previous forecast of $5.95.

   Cytat ze źródła

   “Our increased 2026 comparable EPS forecast range of $14.40 to $14.80 is more than double 20 comparable EPS of $5.95 Our return on equity forecast of 18% is also well...”

2. Prognoza ↑

   The company raised its revenue forecast because of an improved outlook and reduced downside risk regarding used vehicle sales.

   Cytat ze źródła

   “The increase to our forecast largely reflects an improved outlook and reduced down downside risk related to used vehicle sales.”

3. Liczba

   In 2018, prior to the balanced growth strategy, the majority of the $8.4 billion in revenue was from FMS.

   Cytat ze źródła

   “In 2018, prior to the implementation of our balanced growth strategy, the majority of our $8.4 billion of revenue was from FMS.”

4. Słabnie

   Forecast raised because used-vehicle sales outlook improved and downside risk declined.

   Cytat ze źródła

   “Our multiyear lease pricing and maintenance cost savings initiatives continue to contribute meaningfully to our increased return profile and positive... Derisking actions included significantly reducing our reliance on used vehicle proceeds to achieve our targeted returns. Accelerated growth in our asset-light supply chain and dedicated businesses, has resulted in a more resilient business mix that is less capital intensive.”

Script and answers carried a similar tone, so the script's message held up under questioning.

Zdania, które wpłynęły na ton

“In addition to benefiting our transactional businesses, we also expect additional opportunities for profitable contractual growth as freight conditions normalize and customers seek safe efficient, and reliable capacity.”

“We continue to see significant opportunity for profitable growth Supported by secular trends, our operational expertise and ongoing momentum from multiyear strategic initiatives.”

“Earnings before taxes were below prior year reflecting lower operating revenue and adverse development of prior year insurance claims.”