Why Is RYDER SYS INC (R) Stock Up Today?

Ryder System shares climbed 10.49% to close at $265.53. The primary driver was a strong third quarter earnings report that exceeded expectations, accompanied by a significant raise to full-year 2026 guidance.

What Happened

Ryder reported third quarter 2026 adjusted earnings per share of $4.33, surpassing the consensus estimate of $4.15 by $0.18. Revenue for the period reached $3.4 billion, beating estimates by $20 million. The company attributed the performance to growth in its Fleet Management and Supply Chain Solutions segments, with comparable EPS surging 21%.

Management raised its full-year 2026 comparable EPS outlook to a range of $14.85 to $15.05, up from the previous guidance of $14.40 to $14.80. The company also increased its 2026 rental capital expenditure forecast to $500 million. While the adjusted outlook improved, Ryder lowered its full-year 2026 GAAP EPS guidance from $13.50 to $13.90 to a range of $9.75 to $9.95. The company affirmed its full-year 2026 sales guidance of $10.718 billion. A Form 8-K filed on October 22, 2026, disclosed these results and financial condition details.

What The Data Shows

The stock printed a fresh 52-week high on October 22, 2026, alongside a fresh 52-week low recorded on the same date. The 52-week range for the stock stands between $157.67 and $284.25. Over the last eight sessions, the stock has moved up 10.9%, rising from $239.39 to the current level. The company has a market capitalization of $9.1 billion and a price-to-earnings ratio of 19.5. Trailing twelve-month revenue increased by 1.1%, with a net margin of 3.9%. The stock carries a beta of 1.05 and a dividend yield of 1.70%.

What To Watch

Investors will monitor the company's ability to sustain the raised 2026 comparable EPS outlook amid the increased rental capital expenditure. The shift in GAAP guidance also warrants attention as the company moves toward its final quarterly report for the fiscal year.