Ryder sees Q3 comparable EPS $3.00-$3.25, consensus $2.90

“We continue to execute in a challenging market as reflected in our increased earnings and ROE guidance,” says Ryder CFO John Diez. “Accelerated timing of OEM deliveries is expected to increase our ChoiceLease fleet growth and related capital expenditures, which should reduce free cash flow in 2023. Our ability to perform in various market conditions reflects the fundamental changes we’ve made to enhance returns and drive profitable growth.”