Sara Lee Corp. (SLE) Reports Q3 EPS of 24c; Guides FY11; Evaluation Strategic Options for Several Units

May 5, 2011 7:40 AM EDT
Sara Lee Corp. (NYSE: SLE) reported Q3 EPS of $0.24, $0.01 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $2.2 billion versus the consensus estimate of $2.23 billion.

Sees FY11 EPS of $0.79-$0.83, versus the consensus of $0.86.

Evaluating strategic options for its North American refrigerated dough unit and its international bakery unit.


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