07.11.2016 14:52:38

Dean Foods Co Earnings Climb 18% In Q3

(RTTNews) - Dean Foods Co (DF) announced a profit for its third quarter that gained ground compared to the same period last year.

The company said its bottom line advanced to $33 million, or $0.37 per share. This was up from $28 million, or $0.30 per share, in last year's third quarter.

Analysts had expected the company to earn $0.36 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 3.4% to $1.96 billion. This was down from $2.03 billion last year.

Dean Foods Co earnings at a glance:

-Earnings (Q3): $33 Mln. vs. $28 Mln. last year. -Earnings Growth (Y-o-Y): 17.9% -EPS (Q3): $0.37 vs. $0.30 last year. -EPS Growth (Y-o-Y): 23.3% -Analysts Estimate: $0.36 -Revenue (Q3): $1.96 Bln vs. $2.03 Bln last year. -Revenue Change (Y-o-Y): -3.4%

-Guidance: Next quarter EPS guidance: $0.37 - $0.45

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