Smart Balance (SMBL) Posts Mixed Q3 Results; Lowers FY10 Sales Growth Estimate

November 4, 2010 9:11 AM EDT
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Price: $13.65 -1.23%

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Total other income (expense): 284K

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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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