Published on 5 Apr 2024 on Zacks via Yahoo Finance
Shares of Ryder System, Inc. R scaled a 52-week high of $121.58 in the trading session on Apr 4, 2024, before closing a tad lower at $117.62.
Let’s find out the factors supporting the uptick.
Ryder has an impressive earnings surprise history. The company's earnings outpaced the Zacks Consensus Estimate in three of the trailing four quarters (missed the mark in the remaining quarter), delivering an average surprise of 7.42%.