Chiquita Brands (CQB) Posts Narrower than Expected Q3 Loss; Guides Q4, FY11 Sales Growth
Tweet
Share
E-mailGet Alerts CQB Hot Sheet
Join SI Premium – FREE
Chiquita Brands International, Inc. (NYSE: CQB) reported Q3 EPS of ($0.14), $0.24 better than the analyst estimate of ($0.38). Revenue for the quarter came in at $723 million versus the consensus estimate of $683.17 million.
The company expects to achieve net sales growth of at least 3 percent (excluding the effect of discontinued non-core produce lines and the European smoothies business that was deconsolidated in 2010), and fourth quarter and full year 2011 comparable results that are significantly better than in 2010.
The company expects to achieve net sales growth of at least 3 percent (excluding the effect of discontinued non-core produce lines and the European smoothies business that was deconsolidated in 2010), and fourth quarter and full year 2011 comparable results that are significantly better than in 2010.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- DocGo (DCGO) Misses Q2 EPS by 6c; Offers Guidance
- XP Inc. (XP) Tops Q2 EPS by 8c
- Motorsport Games Inc. (MSGM) Tops Q2 EPS by 33c
Create E-mail Alert Related Categories
Earnings, GuidanceSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
