Del Monte Q3 Adj. EPS $0.50 Beats $0.46 Estimate, Sales $1.095B Miss $1.159B Estimate

Del Monte (NYSE:DMC) reported quarterly earnings of $0.50 per share which beat the analyst consensus estimate of $0.46 by 8.7 percent. This is a 27.54 percent decrease over earnings of $0.69 per share from the same period last year. The company reported quarterly sales of $1.095 billion which missed the analyst consensus estimate of $1.159 billion by 5.56 percent. This is a 7.14 percent increase over sales of $1.022 billion the same period last year.