Pinnacle Foods (PF) Tops Q1 EPS by 3c

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Go back to Pinnacle Foods (PF) Tops Q1 EPS by 3c

Pinnacle Foods Reports Strong 1st Quarter Fiscal 2017 Results

April 27, 2017 8:20 AM EDT

PARSIPPANY, N.J., April 27, 2017 (GLOBE NEWSWIRE) -- Pinnacle Foods Inc. (NYSE: PF) today reported strong results for the first quarter ended March 26, 2017 and reaffirmed its guidance for Adjusted Diluted Earnings Per Share for the year. 

Diluted earnings per share, including costs related to the Companys recent refinancing and other items affecting comparability, decreased 9.5% to $0.19 in the first quarter of 2017, compared to $0.21 in the first quarter of 2016.  Adjusted Diluted Earnings Per Share1, which excludes items affecting comparability, advanced 25.0% to $0.50, compared to $0.40 in the year-ago period.

Net sales in the first quarter of 2017... More