Dean Foods: a disappointing publication.
(CercleFinance.com) - Unveiled on Tuesday before Wall Street opened, Dean Foods' Q2 results fell short of market expectations.
The group reported earnings of 18 million dollars, down 15 million dollars relative to a year ago.
EPS therefore fell from 36 cents in April-June 2016 to 19 cents this year. Excluding extraordinary items, EPS reached 21 cents, a far cry from the consensus of 31 cents.
Meanwhile, revenues rose by 80 million dollars y-o-y to 1.93 billion dollars, although this fell slightly short of the consensus of 1.94 billion dollars.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
The group reported earnings of 18 million dollars, down 15 million dollars relative to a year ago.
EPS therefore fell from 36 cents in April-June 2016 to 19 cents this year. Excluding extraordinary items, EPS reached 21 cents, a far cry from the consensus of 31 cents.
Meanwhile, revenues rose by 80 million dollars y-o-y to 1.93 billion dollars, although this fell slightly short of the consensus of 1.94 billion dollars.
Copyright (c) 2017 CercleFinance.com. All rights reserved.