China New Borun (BORN) Reports In-Line Q2 EPS, Posts Weak Q3 Sales

August 9, 2011 4:22 PM EDT
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China New Borun (NYSE: BORN) reported Q2 EPS of $0.58, in-line with the analyst estimate of $0.58. Revenue for the quarter came in at $111.9 million versus the consensus estimate of $107.13 million.

The company is forecasting Q3 sales of $88.1-$95.8 million, versus the consensus of $105.2 million.


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