The logistics firm reported $3.73 non-GAAP EPS, beating estimates by $0.04, and revenue growth of 5% year-over-year.
Ryder posted second-quarter non-GAAP earnings per share of $3.73, exceeding estimates by $0.04, as revenue rose 5% year-over-year to $3.35 billion. The company also surpassed top-line expectations by $60 million, driven by higher earnings in its Fleet Management Solutions segment and share repurchases.
In the prior year, comparable non-GAAP EPS stood at $3.35, marking a 12% increase in the latest quarter. Revenue growth was supported by stronger demand in fleet services, offsetting broader market challenges.
The company updated its fiscal 2026 outlook, reflecting confidence in sustained performance amid improving operational efficiency.