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Dean Foods (DF) Misses Q2 EPS by 2c

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Dean Foods Announces Second Quarter 2016 Results

August 8, 2016 6:45 AM EDT

DALLAS, Aug. 8, 2016 /PRNewswire/ -- Dean Foods Company (NYSE: DF) today reported second quarter 2016 results.

Highlights

Q2 net income per diluted share was $0.36 and adjusted net income per diluted share was $0.38, toward the high end of previous provided guidance Q2 operating income of $73 million demonstrates continued year-over-year improvement, driven by diligent cost focus and pricing discipline Acquisition of Friendly's ice cream business completed June 20 Q3 2016 diluted earnings per share are expected to be $0.28 to $0.36; adjusted diluted earnings per share are expected to be $0.32 to $0.40... More