Smart Balance (SMBL) Posts Mixed Q3 Results; Lowers FY10 Sales Growth Estimate
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Smart Balance (Nasdaq: SMBL) reports Q3 EPS of $0.03, 1 cent better than the analyst estimate of $0.02. Revenue for the quarter was $59.9 million, which compares to the estimate of $61.58 million.
Sees FY10 sales flat compared to last year, down from a prior estimate of 2% - 4% growth for the period.
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Sees FY10 sales flat compared to last year, down from a prior estimate of 2% - 4% growth for the period.
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