Why Transportation & Logistics Company Ryder System's Shares Are Falling Today
Why Transportation & Logistics Company Ryder System's Shares Are Falling Today
Ryder System, Inc. (NYSE:R) reported a third-quarter FY23 revenue decline of 4% year-on-year to $2.924 billion, missing the analyst consensus of $2.985 billion.
莱德系统公司(纽约证券交易所股票代码：R)公布，23财年第三季度营收同比下降4%，至29.24亿美元，低于分析师一致预期的29.85亿美元。
Adjusted EPS of $3.58 beat the analyst consensus of $3.22.
调整后每股收益为3.58美元，超过了分析师一致预期的3.22美元。
Revenue from Fleet Management Solutions decreased by 6% to $1.487 billion, Supply Chain Solutions fell 1% to $1.194 billion, and Dedicated Transportation Solutions fell by 1% to $448 million.
Fleet Management Solutions的收入下降了6%，至14.87亿美元，供应链解决方案下降了1%，至11.94亿美元，专用运输解决方案下降了1%，至4.48亿美元。
Ryder System held $159 million in cash and equivalents as of quarter end.
截至季度末，莱德系统持有1.59亿美元现金和现金等价物。
Debt-to-equity as of September 30, 2023, was 214%, compared to 216% at year-end 2022, and remains below the company's long-term target of 250% to 300%.
截至2023年9月30日，债务权益比为214%，而2022年底为216%，仍低于该公司250%至300%的长期目标。
"Our strong third quarter performance and increased 2023 guidance demonstrate the ongoing effectiveness of our balanced growth strategy despite a challenging freight environment," says Ryder Chairman and CEO Robert Sanchez. "ROE of 21% remained above our high-teens target and all three business segments achieved their pre-tax earnings targets during the quarter."
莱德董事长兼首席执行官罗伯特·桑切斯表示：“尽管货运环境充满挑战，但我们第三季度的强劲表现和2023年增加的指引表明，尽管货运环境充满挑战，但我们的平衡增长战略仍然有效。”21%的净资产收益率(ROE)保持在我们高水平的目标之上，所有三个业务部门在本季度都实现了税前收益目标。“
Share Repurchase: The company has authorized two new share repurchase programs. Both programs commenced October 12, 2023, and expire on October 12, 2025.
股票回购：该公司已经批准了两个新的股票回购计划。这两项计划从2023年10月12日开始，2025年10月12日到期。
Under the new discretionary repurchase program, Ryder management is authorized to repurchase up to 2.0 million shares of common stock.
根据新的可自由支配回购计划，莱德管理层被授权回购最多200万股普通股。
Under the new anti-dilutive repurchase program, Ryder management is authorized to repurchase up to 2.0 million shares of common stock that have been issued to employees under its employee stock plans since August 31, 2023.
根据新的反稀释回购计划，莱德管理层被授权回购自2023年8月31日以来根据其员工股票计划向员工发行的最多200万股普通股。
Outlook: Ryder raised its FY23 adjusted EPS outlook to $12.60-$12.85 (prior view: $12.20 - $12.70) versus the $12.78 estimate.
展望：Ryder将其23财年调整后每股收益预期上调至12.60-12.85美元(之前的预期：12.20-12.70美元)，而不是12.78美元。
R continues to see total revenue growth of ~(2%).
R总收入继续增长~(2%)。
For Q4, the company sees adjusted EPS of $2.60 - $2.85, below the consensus of $2.93.
对于第四季度，该公司预计调整后每股收益为2.60美元至2.85美元，低于2.93美元的共识。
Price Action: R shares are trading lower by 4.01% at $94.05 on the last check Wednesday.
价格行动：在周三的最后一次检查中，R股下跌了4.01%，至94.05美元。