Ryder System, Inc. (R) Q3 2024 Earnings Call Transcript Summary
Ryder System, Inc. (R) Q3 2024 Earnings Call Transcript Summary
The following is a summary of the Ryder System, Inc. (R) Q3 2024 Earnings Call Transcript:
以下是2024年第三季度萊德系統有限公司(R)業績會講話摘要:
Financial Performance:
金融業績:
Ryder System reported Q3 2024 earnings with operating revenue of $2.6 billion, a 9% increase year-over-year.
Comparable earnings per share from continuing operations were $3.44, compared to $3.58 the previous year.
The quarterly adjusted ROE was 16%, aligning with company forecasts.
Free cash flow for the year remained positive at $150 to $250 million, as forecasted at the beginning of 2024.
Operating cash flow for 2024 is projected to maintain a consistent $2.4 billion.
萊德系統報告了2024年第三季度的營業收入爲26億美元,同比增長9%。
持續經營部門的每股可比收益爲3.44美元,低於前一年的3.58美元。
季度調整後ROE達到16%,與公司預測一致。
2024年的自由現金流仍然保持在150到25000萬美元之間,與2024年初預測相符。
2024年的營運現金流預計將保持在穩定的24億美元。
Business Progress:
業務進展:
Ryder successfully executed its business model transformation, focusing on contractual lease, dedicated, and supply chain segments.
Strategic acquisitions, particularly of Cardinal and IFS, significantly contributed to revenue growth.
The integration of Cardinal remains on track, promising further operational efficiencies and cost savings.
萊德系統成功執行了其業務模式轉型,專注於合同租賃、專用和供應鏈領域。
戰略收購,特別是Cardinal和IFS的收購,顯著促進了營業收入的增長。
Cardinal的整合仍然順利進行,有望進一步提高運營效率和節省成本。
Opportunities:
機會:
Ryder is well-positioned to capitalize on the cyclical upturn expected in 2025, with estimated benefits of $200 million in pretax earnings at the next cycle peak.
Adoption of innovative technologies and strategic growth initiatives are set to bolster Ryder's long-term revenue and profitability.
萊德系統將能夠在預計於2025年出現的週期性復甦中佔據有利地位,預計在下一個週期高峰時刻,稅前收益將達到20000萬美元。
採用創新技術和戰略增長舉措將加強萊德系統長期的營業收入和盈利能力。
Risks:
風險:
Ongoing weak market conditions in used vehicle sales and rental markets, along with freight recession, continue to pose challenges.
Economic uncertainty has led some customers to delay decisions and downsize fleets, impacting near-term growth in lease, dedicated, and supply chain segments.
不斷疲軟的二手車銷售和租賃市場,以及貨運衰退,仍然帶來挑戰。
經濟不確定性導致一些客戶推遲決策並減少車隊規模,影響租賃、專用車輛和供應鏈業務的近期增長。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:如需更全面的詳情,請參閱投資人關係網站。本文僅供投資者參考,不作任何指引或建議。
譯文內容由第三人軟體翻譯。