Sara Lee Corp. (SLE) Reports In-Line Q4 EPS; Pension Funded to $40M
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Price: $2.27 -32.44%
EPS Growth %: +65.7%
Financial Fact:
Net income: 27M
Today's EPS Names:
SVBT, ZEO, OTLK, More
EPS Growth %: +65.7%
Financial Fact:
Net income: 27M
Today's EPS Names:
SVBT, ZEO, OTLK, More
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Sara Lee Corp. (NYSE: SLE) reported Q4 EPS of $0.20, in-line with the analyst estimate of $0.20. Revenue for the quarter came in at $2.27 billion versus the consensus estimate of $2.22 billion.
As of July 2, 2011, the funded status of the company’s global pension plans related to continuing operations was a surplus of approximately $40 million which compares to a deficit of approximately $450 million on July 3, 2010. The improvement in funded status is driven primarily by the strong performance of the plans’ assets.
As of July 2, 2011, the funded status of the company’s global pension plans related to continuing operations was a surplus of approximately $40 million which compares to a deficit of approximately $450 million on July 3, 2010. The improvement in funded status is driven primarily by the strong performance of the plans’ assets.
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