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Ryder (R) cuts its Q2 and FY12 guidance due to lower than expected results in its Fleet...
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Thursday, June 21, 2012, 4:44 PM ETRyder (R) cuts its Q2 and FY12 guidance due to lower than expected results in its Fleet Management Solutions business segment and unusually high medical benefit costs. It now expects it Q2 EPS to be between $0.90 - $0.95, and its FY12 EPS to come in around $3.65 - $3.85. The Street consensus is for its Q2 EPS to be $1.10 and FY12 at $4.09. Shares -8% AH.
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