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Dean Foods Co. (DF) Is Losing Ground After Guidance Reduced

Dean Foods Co. (DF) reported second quarter adjusted EPS of $0.16 Tuesday morning, which met analysts' expectations.

The company also lowered its full-year 2018 adjusted EPS outlook to between $0.32 and $0.52 from prior expectations of $0.55 to $0.80. Analysts are expecting EPS of $0.66.

Dean Foods gapped open sharply lower Tuesday morning and is now down 1.01 at $8.45 on above average volume. The stock has dropped to a 3-month low.

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