Dean Foods Co (DF) Releases Earnings Results, Misses Expectations By $-0.02 EPS

Dean Foods Co (DF) reported quarterly earnings results on Monday, Aug-8-2016. The company reported $0.38 earnings per share for the quarter, missing the analyst consensus estimate by $-0.02. Analysts had a consensus of $0.40. The company posted revenue of $1848.80 million in the period, compared to analysts expectations of $1847.15 million. The company’s revenue was down -8.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.33 EPS.

Dean Foods Co opened for trading at $18.42 and hit $19.045 on the upside on Friday, eventually ending the session at $18.82, with a gain of 2.34% or 0.43 points. The heightened volatility saw the trading volume jump to 26,40,620 shares. Company has a market cap of $1,727 M.

In a different news, on Jul 12, 2016, J Wayne Mailloux (director) sold 3,924 shares at $19.66 per share price. According to the SEC, on Mar 4, 2016, John R Muse (director) sold 50,000 shares at $19.27 per share price. On Jan 5, 2015, Hector M Nevares (director) sold 13,841 shares at $19.52 per share price, according to the Form-4 filing with the securities and exchange commission.

Dean Foods Company is a food and beverage company. The Company processes and distributes fluid milk and other dairy case products in the United States. It manufactures markets and distributes a variety of branded and private label dairy case products including fluid milk ice cream cultured dairy products creamers juice tea ice cream mix and other dairy products to retailers distributors foodservice outlets educational institutions and Governmental entities across the United States. The Company delivers its products to customer locations in refrigerated trucks or trailers that it owns or leases. Its products are sold on a local or regional basis through local and regional sales forces. The Company operates approximately 68 manufacturing facilities in 32 states located based on customer needs and other market factors with distribution capabilities across 50 states. Its portfolio of brands include TruMoo Alta Dena Berkeley Farms Country Fresh and Dean’s among others.

Dean Foods Co

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