China New Borun Corporation (BORN) Reports Q3 EPS of $0.01; Offers 4Q Revenues Guidance

China New Borun Corporation (NYSE: BORN) reported Q3 EPS of $0.01. Revenue for the quarter came in at $68.86 million.

Financial Outlook

• The Company estimates that its revenue for the fourth quarter of 2017 will be in the range of RMB520 million ($78.3 million) to RMB560 million ($84.4 million), an increase of approximately 1.3% to an increase of 9.1% over the same quarter of 2016.
• This guidance is based on the current market conditions and reflects the Company\'s current and preliminary estimates of market and operating conditions and customer demand, which are all subject to change.

GUIDANCE:

China New Borun Corporation sees Q4 2017 revenue of $78.4-84.4 billion.

For earnings history and earnings-related data on China New Borun Corporation (BORN) click here.

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