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News Breaks | | | | January 28, 2013 | | 08:16 EDT |  | CQB | Chiquita Brands reports Q4 preliminary revenue $738M, consensus $688.75M
The company expects Q4 comparable operating loss in the range of $10M-$20M and adjusted EBITDA in the range of $(3M)-$7M. The company expects Q4 operating loss on a U.S. GAAP basis to be in the range of $188M-$233M, including estimated non-cash goodwill and trademark impairment charges in the range of $170M-$205M along with restructuring, relocation and other exit charges. The company recognized $2M of restructuring expenses in the fourth quarter, $2M in costs related to relocation in the fourth quarter and $2M of estimated lease exit expense, net of estimated future sublease income, is excluded from comparable operating income in Q4. Consensus for EPS is (28c). | |
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| May 7, 2013 | | 08:13 EDT | | CQB | Chiquita Brands reports Q1 EPS 5c, consensus 15c
Reports Q1 revenue $774M, consensus $777.3M. Reported Q1 GAAP net income $2M and comparable operating income $23M. Reports bananas comparable net sales decreased 3% and Salads and Healthy Snacks net sales increased 1%. | |
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