Buckeye (BKI) Shares Sink as Q3 EPS Outlook Reduced on Conference Call

January 25, 2012 11:34 AM EST
Shares of Buckeye (NYSE: BKI) are plunging midday as the company's Q2 conference call is now underway. Stock now down nearly 6 percent after trading higher throughout the morning session.

An exec on the call reduced the company's Q3 EPS outlook from about 75 cents to 69-73 cents. The Street is currently expecting Q3 EPS of 78 cents.


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