China Shengda Packing Group., Inc. (CPGI) Misses Q1 EPS by 5c; Guides FY11 Below

May 13, 2011 6:33 AM EDT
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China Shengda Packing Group., Inc. (NASDAQ: CPGI) reported Q1 EPS of $0.09, $0.05 worse than the analyst estimate of $0.14. Revenue for the quarter came in at $26.9 million versus the consensus estimate of $36.1 million.

China Shengda Packing Group., Inc. sees FY2011 EPS of $0.29-$0.32, versus the consensus of $0.58. China Shengda Packing Group., Inc. sees FY2011 revenue of $115-$125 million, versus the consensus of $156.09 million.


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