Ryder System Revises FY18 Earnings Outlook - Quick Facts

(RTTNews) - Ryder System, Inc. (R) on Friday narrowed its outlook for fiscal 2018 comparable earnings from continuing operations to a range of $5.72 to $5.82 per share from the prior range of $5.62 to $5.82 per share.

The company now projects reported earnings for the full-year in a range of $4.88 to $4.98 per share, up from the prior range of $4.71 to $4.91 per share.

Further, Ryder established fourth-quarter reported earnings forecast in a range of $1.73 to $1.83 per share, and comparable earnings from continuing operations in the range of $1.75 to $1.85 per share.

On average, analysts polled by Thomson Reuters expect the company to earn $5.77 per share for the year and $1.81 per share for the fourth quarter. Analysts' estimates usually exclude special items.