Ryder System, Inc. (R)

Ryder System beat consensus on both lines in the second fiscal quarter of 2026, reporting on 2026-07-23 that adjusted EPS of $3.73 topped the $3.69 estimate by about 1%, while revenue of about $3.4 billion exceeded the roughly $3.3 billion consensus by around 2%. Revenue rose about 5%, with FMS leading the quarter at about $1.6 billion, up 6.3%, and fuel services revenue adding roughly $257 million, up 43.6%. Operating income came to about $133 million, while gross margin held near 16% and operating margin stayed around 4%. Net income was about $133 million, up roughly 2% from about $131 million a year ago, and adjusted EPS was up about 12% from $3.32 a year earlier. Operating cash flow totaled about $677 million, Ryder repurchased about $75 million of stock and paid about $35 million in dividends. Next-period consensus calls for EPS of $4.15 on revenue of $3.33 billion.