Central European Distribution (CEDC) Misses Q3 EPS Views; Cuts FY11 Outlook Below Street
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Central European Distribution (NASDAQ: CEDC) reported Q3 EPS of $0.06, $0.14 worse than the analyst estimate of $0.20. Revenue for the quarter came in at $228.9 million versus the consensus estimate of $230.82 million.
Central European Distribution sees FY2011 EPS of $0.25-$0.45, versus prior guidance of $0.80-$1.00 and the consensus of $0.60. Central European Distribution sees FY2011 revenue of $850-$950 million, versus prior guidance of $900-$1050 million.
Central European Distribution sees FY2011 EPS of $0.25-$0.45, versus prior guidance of $0.80-$1.00 and the consensus of $0.60. Central European Distribution sees FY2011 revenue of $850-$950 million, versus prior guidance of $900-$1050 million.
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