Chiquita Brands: Don’t Go Bananas Over 1Q Warning
March 31, 2010 at 11:40 AM EDT
Chiquita Brands (CQB) announced today that first quarter results will be “substantially lower” than the same quarter a year ago. Of course this is never good news, especially because consensus analysts’ estimates had called for the company to grow first quarter earnings by nearly 16% over the $.51 cents reported last year (excluding 1-time [...]