Pinnacle Foods (PF) Reports In-Line Q3 EPS, Sales Miss
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Pinnacle Foods Reports 3rd Quarter Fiscal 2016 Results
October 27, 2016 8:31 AM EDTPARSIPPANY, N.J., Oct. 27, 2016 (GLOBE NEWSWIRE) -- Pinnacle Foods Inc. (NYSE: PF) today reported its financial results for the third quarter ended September 25, 2016 and increased its full-year guidance to the high end of its previous range. Â The improved outlook for the year reflects solid base business performance and the continued strength of the Boulder Brands acquisition.
Diluted earnings per share in the third quarter of 2016 increased 7.3% to $0.44, compared to $0.41 in the third quarter of 2015. Excluding items affecting comparability1, Adjusted diluted earnings per share advanced 15.2% to $0.53, compared to $0.46 in the year-ago period.
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