Ryder (R) Cuts Q2, FY12 Outlook
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Price: $63.75 +1.97%
Revenue Growth %: +1.3%
Financial Fact:
Net earnings: 0.77
Today's EPS Names:
BORN, EFUT, ZOOM, More
Revenue Growth %: +1.3%
Financial Fact:
Net earnings: 0.77
Today's EPS Names:
BORN, EFUT, ZOOM, More
Trade R Now!
Ryder (NYSE: R) lowers its Q2 EPS guidance from $1.07-$1.12 previously to $0.90-$0.95, which compares to the Street estimate of $1.10.
The company's FY12 EPS outlook moves from $4.02-$4.12 to $3.65-$3.85, which compares to the Street estimate of $4.09.
The company cited "reduced commercial rental demand and actions taken to reduce used vehicle inventories.
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The company's FY12 EPS outlook moves from $4.02-$4.12 to $3.65-$3.85, which compares to the Street estimate of $4.09.
The company cited "reduced commercial rental demand and actions taken to reduce used vehicle inventories.
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