Dean Foods Announces First Quarter 2019 Results
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Dean Foods (DF) Misses Q1 EPS by 14c, Revenues Miss
May 7, 2019 6:49 AM EDTDean Foods (NYSE: DF) reported Q1 EPS of ($0.41), $0.14 worse than the analyst estimate of ($0.27). Revenue for the quarter came in at $1.8 billion versus the consensus estimate of $1.9 billion.
Highlights
Q1 net loss per share was $0.67 and adjusted net loss per share was $0.41; represents sequential improvement from Q4 2018 with consecutive improvements each month within the quarterQ1 GAAP and adjusted operating loss in-line with our internal expectations; internal plan projects continued sequential improvement each quarter throughout 2019Anticipate positive free cash flow for FY 2019 with positive quarterly free cash flow for Q2 and in each... More