Pinnacle Foods (PF) Reports In-Line Q2 EPS

Pinnacle Foods (NYSE: PF) reported Q2 EPS of $0.39, in-line with the analyst estimate of $0.39. Revenue for the quarter came in at $756.4 million versus the consensus estimate of $754.89 million.

Commenting on the results, Pinnacle Foods Chief Executive Officer Mark Clouse stated, “We are pleased with our results in the second quarter, which reflected strong base business performance, including the benefit of innovation, as well as Boulder Brands results that exceeded expectations. Meaningful, broad-based gross margin expansion drove a double-digit increase in Adjusted diluted EPS for the quarter, fueling our confidence in the increased outlook we’re providing for the year.”

For earnings history and earnings-related data on Pinnacle Foods (PF) click here.

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