US pasta maker Monterey Pasta has warned that its second-quarter earnings would probably fall short of Wall Street’s expectations, partly because of higher costs related to changing its packaging.

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The California-based company said it expects to post second-quarter earnings per share of 2 cents to 3 cents, compared to analysts’ expectations of 5 cents, reported Reuters.


Monterey Pasta said it did not expect to make up the shortfall in the next quarter and forecast full-year earnings of between 23 cents and 26 cents per share.

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