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Dean Foods Up 7% on Stronger-Than-Expected Q4 Earnings
February 17, 2011
Dean Foods (DF) is up 7.46% to $10.52 in mid-day trade, helped by Q4 adjusted EPS of $0.15, a penny ahead of the Thomson Reuters mean. Q4 net sales were $3.2 billion, in line with estimates for $3.20 billion. FY11 EPS are seen between $0.55 to $0.65 per adjusted diluted share, or flat to slightly down from 2010.
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