Dean Foods Slips To Loss In Q4 - Quick Facts

(RTTNews) - Dean Foods Co. (DF) posted fourth-quarter net loss from continuing operations attributable to the company of $37 million, compared with a $8 million income last year. On an adjusted basis, net income from continuing operations attributable to Dean Foods amounted to $17 million for the recent period.

Including discontinued operations, the firm reported a loss per share of $0.40, as against a profit of $0.30 a year before. On an adjusted basis, fourth-quarter 2013 earnings from continuing operations were $0.18 per share. On average, 13 analysts polled by Thomson Reuters expected earnings per share of $0.19 for the quarter. Analysts' estimates typically exclude one-time items.

Quarterly GAAP net sales of $2.30 billion, were lower than the previous year's $2.46 billion, and nine analysts estimated revenues of $2.27 billion for the quarter.

Looking forward, the company expects full-year adjusted earnings of $0.73 - $0.86 per share.