iBankCoin
Joined Nov 11, 2007
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$DF Falls on Poor Guidance After Reporting Decent Earnings

“For the quarter, the food and beverage company posted adjusted diluted earnings per share (EPS) of $0.40 on revenues of $3.04 billion. In the same period a year ago, the company reported EPS of $0.28 on revenues of $2.93 billion. Fourth-quarter results also compare to the Thomson Reuters consensus estimates for EPS of $0.30 and $3.37 billion in revenues.

On a GAAP basis, Dean Foods posted EPS of $0.20 for the quarter. Adjustments take into account the spin-off of The WhiteWave Foods Co. (NYSE: WWAV) and the sale of the Dean Foods’ Morningstar dairy business.

For the full year, adjusted EPS totaled $1.39 on revenues of $12.9 billion. The consensus estimate called for EPS of $1.29 on revenues of $12.77 billion. On a GAAP basis, EPS totaled $0.90 for the full year.,,,”

Full report

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