Diamond Foods, Inc. (DMND) Tops Q4 EPS by 4c, FY15 EPS Outlook Falls Short

Diamond Foods, Inc. (Nasdaq: DMND) reported Q4 EPS of $0.19, $0.04 better than the analyst estimate of $0.15. Revenue for the quarter came in at $219.1 million versus the consensus estimate of $208.41 million.

"We are pleased by our topline performance this quarter with strong growth in the Snack and Nut segments, driven primarily by distribution and market share gains," said Brian J. Driscoll, President and CEO. "At the same time cost inflation adversely impacted gross margin in the quarter, including tree nut cost increases and higher logistics expenses. We have taken measures designed to counter these cost increases and to improve gross margins going forward."

Diamond Foods. sees FY15 EPS of $0.90 - $1.10, versus the consensus of $1.18. The Company is providing annual adjusted EBITDA guidance for fiscal year 2015 in the range of $115 to $123 million and expects input cost inflation in the range 3-4% and productivity in the range of 2-3%.

For earnings history and earnings-related data on Diamond Foods, Inc. (DMND) click here.

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