Diamond Foods (DMND) Tops Q1 EPS by 3c; Affirms FY15 Outlook

Diamond Foods (NASDAQ: DMND) reported Q1 EPS of $0.28, $0.03 better than the analyst estimate of $0.25. Revenue for the quarter came in at $246.6 million versus the consensus estimate of $253.54 million.

"We are pleased with our first quarter results, with market share gains in the U.S. on Kettle, Pop Secret and Diamond of California contributing to a solid 5.1% increase in net sales," said Brian J. Driscoll, President and CEO. "With these results and based on our outlook for the remainder of the year, we are reiterating our annual adjusted EBITDA and non-GAAP EPS guidance."

For earnings history and earnings-related data on Diamond Foods (DMND) click here.

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