R raises 2026 EPS guidance after third-quarter profit jump
R reported a 21% rise in comparable third-quarter EPS and lifted its full-year 2026 outlook on stronger used vehicle sales and rentals.
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what happened
Comparable earnings per share at R rose 21% in the third quarter, revenue climbed 6%, and free cash flow nearly doubled from a year earlier, according to TradingView.
The company increased its fiscal 2026 EPS guidance. Per the report, better used vehicle sales and rental performance, along with continued strategic initiatives, contributed to the improved outlook.
why it matters
For markets, the update suggests demand for used trucks and rental services is recovering and that operational measures are paying off. The strong growth in free cash flow also matters for investors tracking the company's ability to generate cash.
market impact
R shares and the transport leasing and rental sector: the higher guidance supports the company's valuation.
tags
instruments
sources
- R: Q3 EPS rose 21%; improving markets and execution lifted FY 2026 guidance — TradingView, 22 October 2026 at 17:29 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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