Ryder Raises 2026 Comparable EPS Outlook, Rental Fleet Plan to $500 Million
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Ryder System, Inc. raised its 2026 comparable earnings-per-share outlook and shifted more capital toward rental vehicles, increasing planned fleet investment by $300 million while keeping total capital spending steady. The new comparable EPS range is $14.85 to $15.05 per share, up from the prior forecast of $14.40 to $14.80. Ryder increased its planned rental fleet investment to $500 million for 2026. Total capital expenditures remain forecast at $2.4 billion, with higher rental spending offset by lower lease spending. Ryder announced the changes Thursday, Oct. 22, with its third-quarter results. For the three months ended Sept.
Source: TokenPost
