Ryder publishes third-quarter 2026 earnings call transcript
R•Ryder raised its 2026 comparable EPS forecast to $14.85–$15.05 from $14.40–$14.80 after third-quarter comparable EPS rose 21% to $4.33. It expects fourth-quarter comparable EPS of $4.25–$4.45 and increased rental capital spending by $300 million to $500 million.
1. Raised 2026 forecast
Ryder raised its 2026 comparable EPS forecast to $14.85–$15.05 from $14.40–$14.80, citing improving used-vehicle sales and rental conditions. Third-quarter comparable EPS rose 21% to $4.33, and fourth-quarter guidance is $4.25–$4.45.
2. Freight and rental plans
Management doubled expected annual freight-recovery benefits to $40 million, primarily driven by higher used-vehicle sales results. Rental capital spending will rise $300 million above the previous forecast to $500 million, positioning the fleet for 2027 demand.
