Del Monte Foods (DLM) reported third quarter income from continuing operations of $0.28 per share Thursday morning, down from $0.30 per share last year. The consensus estimate was for EPS of $0.21.
Del Monte Foods gapped up Thursday morning and posted gains around the middle of the afternoon. The stock closed up by $0.97 at $13.46, with volume at a 3-month high. Shares finished Thursday at a new high for the year.
For comments and feedback: editorial@rttnews.com