Ryder (R) Cuts Q2, FY12 Outlook
Tweet
Share
E-mailGet Alerts R Hot Sheet
Price: $247.85 -1.07%
Financial Fact:
Earnings from continuing operations before income taxes: 131.7M
Today's EPS Names:
EDXC, BICX, FBPI, More
Financial Fact:
Earnings from continuing operations before income taxes: 131.7M
Today's EPS Names:
EDXC, BICX, FBPI, More
Join SI Premium – FREE
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.
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.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Ryder Honors 2026 Top Technician at 25th Anniversary Skills Competition
- Flowers Foods (FLO) Misses Q2 EPS by 3c; Offers Guidance
- Lowe's Cos. (LOW) Tops Q2 EPS by 17c, Misses on Revenue; Offers Fy27 Guidance
Create E-mail Alert Related Categories
Guidance, Hot GuidanceSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
