Corn Products International, Inc. (NYSE: CPO) said today it is revising its 2001 guidance based on the outlook for global economic conditions through the fourth quarter. The Company expects its earnings per fully diluted share will be approximately $1.65 to $1.75, compared to its previous annual guidance of $1.95 to $2.05. The new guidance includes special third quarter income net of charges of about $0.10 per share, which represents a value-added tax refund net of a restructuring charge. In 2000, the Company earned $1.72 per share before special charges or $1.35 per share after a restructuring charge.
USA: Corn Products International, Inc. reduces annual earnings guidance
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-food gives you the widest food market coverage.
Paid just-food members have unlimited access to all our exclusive content - including 17 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Dean Best, editor of just-food
Dean's offer to you
Risk-free, money-back guarantee
Most Popular
Insights
- How could Whole Foods takeover affect suppliers?
- Amazon's move for Whole Foods will focus minds
- Minor role for direct-to-consumer in US e-commerce
- How Nestle's US candy review has divided analysts
- Interview: The UTZ, Rainforest Alliance merger
News
- Nestle invests in US meal-kit firm Freshly
- UK proposes end to free movement in Queen's Speech
- Moy Park among assets on block at meat giant JBS
- Nestle to work with Rabobank's Terra accelerator
- CVC 'hires advisers for Continental Foods sale'
Market research
