WhiteWave Foods Expects Q2 Profit To Increase

(RTTNews) - WhiteWave Foods Company (WWAV) Monday said it expects to report second-quarter net income of $31 million or $0.18 per share, compared to $26 million or $0.18 per share reported last year.

The company anticipates adjusted net income for the quarter to be $28 million or $0.16 per share, compared to $22 million or $0.13 per share last year.

The company said it expects net sales of $616 million for the second quarter, up 11 percent from $554 million reported last year.

On average, ten analysts polled by Thomson Reuters expected the company to report profit of $0.16 per share on revenues of $608.17 million for the quarter. Analysts' estimates typically exclude special items.