Ryder Beats Overall
Ryder System Inc. (NYSE:R), the world’s largest provider of integrated logistics and transportation solutions, has reported an outstanding third quarter of 2011. Adjusted earnings of $1.09 was fairly ahead of the Zacks Consensus Estimate of $1.02 and up 43% from 76 cents in the year-ago quarter. Adjusted quarterly net income increased 56% year over year [...]
Ryder System Inc. (NYSE:R), the world’s largest provider of integrated logistics and transportation solutions, has reported an outstanding third quarter of 2011. Adjusted earnings of $1.09 was fairly ahead of the Zacks Consensus Estimate of $1.02 and up 43% from 76 cents in the year-ago quarter. Adjusted quarterly net income increased 56% year over year to $56.4 million from $39.7 million in the year-ago period.
Despite the ongoing economic upheaval, the company achieved double-digit growth … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards