Dean Foods Co Reveals 91% Increase In Q1 Earnings

(RTTNews) - Dean Foods Co (DF) reported earnings for its first quarter that advanced compared to the same period last year.

The company said its bottom line came in at $42 million, or $0.45 per share. This was higher than $22 million, or $0.24 per share, in last year's first quarter.

Analysts had expected the company to earn $0.38 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 8.3% to $1.88 billion. This was down from $2.05 billion last year.

Dean Foods Co earnings at a glance:

-Earnings (Q1): $42 Mln. vs. $22 Mln. last year. -Earnings Growth (Y-o-Y): 90.9% -EPS (Q1): $0.45 vs. $0.24 last year. -EPS Growth (Y-o-Y): 87.5% -Analysts Estimate: $0.38 -Revenue (Q1): $1.88 Bln vs. $2.05 Bln last year. -Revenue Change (Y-o-Y): -8.3%

-Guidance: Next quarter EPS guidance: $0.32 - $0.40