Dean Foods (DF) Misses Q4 EPS by 2c; Issues Cautious Q1 Guidance

Dean Foods (NYSE: DF) reported Q4 EPS of $0.08, $0.02 worse than the analyst estimate of $0.10. Revenue for the quarter came in at $2.4 billion versus the consensus estimate of $2.44 billion.

Dean Foods sees Q1 2015 EPS of $0.12-$0.22, versus the consensus of $0.22.

"Our customers include many of the largest and best food retailers and foodservice companies and distributors in the country. We believe our relative scale affords us sustainable cost, service, and quality advantages allowing us to more effectively service these customers versus our competitors," said Gregg Tanner, Chief Executive Officer of Dean Foods. "And with Americans' increasing focus on health and wellness, I believe milk with its clean label, is well positioned as a fresh, delicious source of nutrition and protein for consumers of all ages. With the progress achieved in our cost reduction initiatives, we believe we are very well positioned and are excited about the future direction of the business."

Chris Bellairs, Chief Financial Officer of Dean Foods, added, "Full year results are reflective of just how difficult an operating environment we've been in, but after another quarter of sequentially improving gross profit and operating income per gallon, and with what we're seeing so far this year, we believe that we have the business headed in the right direction."

For earnings history and earnings-related data on Dean Foods (DF) click here.

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