Dean Foods: Q3 under estimates.
(CercleFinance.com) - On Tuesday before Wall Street opened, Dean Foods reported Q3 results that fell short of the market's forecasts.
Results included EPS of 2 cents, against 16 cents a year ago. Adjusted EPS reached 20 cents, one cent less than analysts expected.
Meanwhile, sales slipped slightly - down from 1.96 billion dollars to 1.94 billion dollars, while the consensus was expecting them to increase to 1.98 billion dollars.
Dean Foods predicts adjusted FY EPS in a range of 80 cents to 90 cents. Analysts were expecting 79 cents.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
Results included EPS of 2 cents, against 16 cents a year ago. Adjusted EPS reached 20 cents, one cent less than analysts expected.
Meanwhile, sales slipped slightly - down from 1.96 billion dollars to 1.94 billion dollars, while the consensus was expecting them to increase to 1.98 billion dollars.
Dean Foods predicts adjusted FY EPS in a range of 80 cents to 90 cents. Analysts were expecting 79 cents.
Copyright (c) 2017 CercleFinance.com. All rights reserved.