Diamond Foods misses by $0.06, reports revs in-line
- Reports Q3 (Apr) earnings of $0.11 per share, excluding non-recurring items, $0.06 worse than the Capital IQ Consensus Estimate of $0.17; revenues rose 3.2% year/year to $190.9 mln vs the $191.72 mln consensus.
- Despite headwinds associated with tree nut commodity costs in fiscal 2014 that adversely impacted the Nuts segment; the Company expects to realize an increase in Adjusted EBITDA year-over-year.