SkyPeople Fruit Juice Eases 12% on Decline in Q3 Revenue


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SkyPeople Fruit Juice ( SPU ) is down 12% after reporting that for the third quarter, its revenue fell 4% to $17.4 million from $18.2 million in the same paeriod last year. This was just above one analyst's estimate of $17.08 million, according to Thomson Reuters.

The company posted earnings of $0.07 per diluted share versus the prior-year period's $0.15 per share. No analyst estimates were available for earnings comparison.

Shares are down $0.24 to $1.76, getting closer to the 52-week low of $1.60.

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This article appears in: Investing Commodities
Referenced Stocks: SPU

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