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Article: Corn Products International Reports 2009 Third Quarter Results of $0.70 Per Share.(Financial report)
- Article from:
- Business Wire
- Article date:
- October 27, 2009
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Narrows Full-Year EPS Guidance to Range of $1.80 to $2.00, Excluding Previously Reported Impairment and Restructuring Charges
WESTCHESTER, Ill. -- Corn Products International, Inc. (NYSE: CPO), a leading global provider of agriculturally derived ingredients for diversified markets, today reported net income of $53 million, or $0.70 per diluted common share, for the third quarter of 2009, versus the record-setting net income and earnings per diluted common share of $88 million and $1.15, respectively, for the same period last year.
Third-quarter 2009 results were negatively impacted by higher net corn costs, unfavorable foreign currency translations and ...