Zhongpin (HOGS) Updates Q409 Guidance
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Zhongpin Inc. (NASDAQ: HOGS) today, during the prepared remarks section of its conference call, provided a clarification to its guidance for the year 2009 by disclosing comments about its possible fourth quarter 2009 results. This action was taken to clear apparent confusion in the market.
Sees Q409 revs of $210 million and Net Profit Margin of at least 6%. The consensus sees Q409 revs of $218.03 million.
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