Investing.com - Ryder System reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Ryder System announced earnings per share of $2.55 on revenue of $2.5B. Analysts polled by Investing.com anticipated EPS of $2.09 on revenue of $2.37B.
Ryder System shares are up 47.38% from the beginning of the year and are trading at $93.80 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% from the start of the year.
Ryder System shares gained 3.05% in pre-market trade the report.
Ryder System follows other major Services sector earnings this month
Ryder System's report follows an earnings beat by Visa A on Tuesday, who reported EPS of $1.62 on revenue of $6.56B, compared to forecasts EPS of $1.55 on revenue of $6.52B.
Netflix had beat expectations on October 19 with third quarter EPS of $3.19 on revenue of $7.48B, compared to forecast for EPS of $2.57 on revenue of $7.48B.
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