Dean Foods Co Profit Rises 9% In Q2

(RTTNews) - Dean Foods Co (DF) released earnings for its second quarter that rose from last year.

The company said its bottom line rose to $34.56 million, or $0.38 per share. This was up from $31.75 million, or $0.33 per share, in last year's second quarter.

Analysts had expected the company to earn $0.40 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 8.0% to $1.85 billion. This was down from $2.01 billion last year.

Dean Foods Co earnings at a glance:

-Earnings (Q2): $34.56 Mln. vs. $31.75 Mln. last year. -Earnings Growth (Y-o-Y): 8.9% -EPS (Q2): $0.38 vs. $0.33 last year. -EPS Growth (Y-o-Y): 15.2% -Analysts Estimate: $0.40 -Revenue (Q2): $1.85 Bln vs. $2.01 Bln last year. -Revenue Change (Y-o-Y): -8.0%

-Guidance: Next quarter revenue guidance: $0.32 - $0.40