SkyPeople Fruit Juice Eases 12% on Decline in Q3 Revenue

By Staff,

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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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Copyright (C) 2014 All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
Referenced Stocks: SPU

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