Ryder System stock gained 2.74 percent ahead of October 22 earnings

Published on 10/04/2026 at 19:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ryder System stock traded at USD 237.24 on October 2, while Q2 comparable EPS reached USD 3.73. Ryder set October 22 for its next earnings report.

Ryder System, US7835491082, Illustration mit AI erstellt.

Ryder System stock (ISIN US7835491082) was last at USD 237.24 on the NYSE on October 2, 2026, up 2.74 percent from the prior session. The company will publish third-quarter results on October 22, 2026, according to Ryder.

October 22 sets the next test

Ryder expects to issue its third-quarter 2026 results at 7:00 a.m. ET on October 22 and hold its conference call at 11:00 a.m. ET the same day, the company said in its September 22, 2026 release. The date gives the market a clear checkpoint after the latest quarterly update.

The second-quarter numbers provide the starting point. Comparable earnings per share from continuing operations reached USD 3.73, up 12 percent from the prior year, while operating revenue rose 3 percent to USD 2.7 billion, according to Fortune.

Guidance rises at the lower end

Ryder raised the low end of its 2026 comparable EPS forecast to USD 14.40 from USD 14.05 and kept the upper end at USD 14.80. The same outlook calls for third-quarter comparable EPS of USD 4.00-4.20, compared with USD 3.57 in the prior year.

The earnings mix also shows where the company is trying to build resilience. Management said asset-light Supply Chain and Dedicated businesses are expected to generate 60 percent of 2026 revenue, versus 44 percent in 2018, while return on equity guidance moved to 18 percent from a 17-18 percent range, according to Fortune.

Analyst targets remain above the stock

Susquehanna lowered its Ryder target from USD 310.00 to USD 280.00 while keeping a positive rating in a note dated October 2, 2026, as reported by MarketBeat. The cut still leaves that target 18.0 percent above USD 237.24.

MarketBeat lists a Moderate Buy consensus and an average target of USD 283.43 from 12 analysts. That average sits 19.5 percent above the October 2 price, creating a quantified gap between the stock's latest level and the broader analyst view.

Stock stays below its yearly high

Ryder's October 2 trading range ran from USD 233.05 to USD 238.33, with volume of 293,584 shares. The 52-week range was USD 157.67-284.25, placing the stock 16.5 percent below its yearly high.

Market capitalization stood at USD 9.1 billion on October 2, 2026. For investors, the coming results must show whether the 12 percent comparable EPS growth and the higher full-year floor can offset softer rental demand and the slower ramp of selected Supply Chain projects.