Thursday, February 16, 2017

Dean Foods Q4 Results Miss View, Outlook Disappoints; Shares Fall

Dairy producer Dean Foods Co. on Thursday reported a 78 percent increase in profit for the fourth quarter from last year as a decline in sales and volume was more than offset by lower costs. However, both sales and adjusted earnings for the quarter missed analysts' expectations. The company also forecast earnings for the first quarter and fiscal 2017 below analysts' estimates.

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