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News

Ryder Hosts 2024 Investor Day; Boosts Long-Term ROE Target From High Teens To Low Twenties Over The Cycle

Author: Benzinga Newsdesk | June 13, 2024 07:56am

In conjunction with Ryder's 2024 Investor Day, the company is increasing its long-term adjusted return on equity (ROE) target to a range of low twenties (20% - 22%) over the cycle, up from its prior target range of high teens (17% - 19%) over the cycle.

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