Ryder System Inc (R) Shares Dip After Q3 Earnings Report: Revenue Misses Estimates, Outlook Softened
Ryder System Inc. (R) saw its shares decline on Thursday after reporting third-quarter earnings that fell short of analyst expectations. While revenue grew year-over-year, it missed estimates, and the company lowered its full-year revenue growth outlook. Despite this, earnings per share exceeded forecasts, and Ryder highlighted strong performance in certain business segments.