Quantum Foods Holdings Limited Provides Earnings Guidance for the Twelve-Month Period Ending September 30, 2019
September 16, 2019 at 10:31 am EDT
Quantum Foods Holdings Limited announced that shareholders advised that for the twelve-month period ending 30 September 2019, a reasonable degree of certainty exists that: headline earnings per share ("HEPS") of the Company will be at least 42% or 68.9 cents per share lower than reported in the comparable period; and earnings per share ("EPS") of the Company will be at least 42% or 69.0 cents per share lower than reported in the comparable period. This implies that for the twelve-month period ending 30 September 2019: HEPS is expected to be lower than 95.0 cents per share and EPS is expected to be lower than 95.3 cents per share, compared to HEPS of 163.9 cents per share and EPS of 164.3 cents per share respectively, reported in the comparable period that ended 30 September 2018.