Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Freight market unlikely to rebound before 2025, Ryder says [Yahoo! Finance]

Ryder System, Inc. (R) 
Last ryder system, inc. earnings: 4/29 07:55 am Check Earnings Report
US:NYSE Investor Relations: investors.ryder.com
Company Research Source: Yahoo! Finance
Signs of market seasonality in Q3 have carried into Q4, but a freight market rebound is not expected this year, Ryder System executives said Thursday on an earnings call “What we saw in Q3 was a seasonal pickup, certainly not any type of larger pickup that would indicate the market is coming back,” CEO and Chairman Robert Sanchez said. “But a seasonal pickup is better than a decline.” While an inflection point might not come until next year, Ryder nevertheless projects year-over-year earnings growth in the final quarter of 2024, according to an investor presentation “There's been no signs of recovery yet here in the fourth quarter, and we're certainly not expecting that to happen here ... other than the normal seasonal holiday increase that we would typically get from a demand perspective with Thanksgiving and Christmas,” Fleet Management Solutions President Tom Havens said on the earnings call. The extended freight downturn and economic uncertainty have been causing some cus Show less Read more
Impact Snapshot
Event Time:
R
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for R alerts
Opt-in for
R alerts

from News Quantified
Opt-in for
R alerts

from News Quantified