Central European Distribution (CEDC) Tops Q2 EPS by 3c; Lowers FY11 EPS, Tightens FY11 Revs Outlook

August 4, 2011 8:58 AM EDT
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Price: $0.09 --0%

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Central European Distribution (NASDAQ: CEDC) reported Q2 EPS of ($0.09), $0.03 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $212 million versus the consensus estimate of $183.7 million.

Central European Distribution sees FY2011 EPS of $0.80-$1.00, versus prior guidance of $1.05-$1.25 and the consensus of $0.80. Central European Distribution sees FY2011 revenue of $900-$1050 million, versus prior guidance of $880-$1080 million and the consensus of $969.52 million.


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