Corn Products International, Inc. (CPO) Tops Q4 EPS by 10c, Posts Q4 Guidance and Raises FY11

October 27, 2011 9:27 AM EDT
Corn Products International, Inc. (NYSE: CPO) reported Q4 adjusted EPS of $1.20, $0.10 better than the analyst estimate of $1.10. Revenue for the quarter came in at $1.71 billion versus the consensus estimate of $1.57 billion.

Corn Products International, Inc. sees FY2011 adjusted EPS of $4.62-$4.72, versus the consensus of $4.54. GAAP EPS guidance was raised to $5.05 to $5.15, compared to the previous guidance of $4.85 to $5.15. Corn Products International, Inc. sees FY2011 revenue of $6 billion, versus the consensus of $6.22 billion.

Corn Products International, Inc. sees Q4 2011 adjusted EPS of $1.05-$1.15, versus the consensus of $1.06. GAAP EPS guidance is $0.95 and $1.05. Corn Products International, Inc. sees Q4 2011 revenue of (n/a).


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