(RTTNews) - Diamond Foods Inc. (DMND) reported first quarter EPS of $0.64 after the close Wednesday, compared to the consensus estimate of $0.62. The company expects to report second quarter EPS of $0.24 to $0.29 and full year 2009 EPS of $1.20 to $1.27. The consensus estimates are for EPS of $0.31 and $1.27 respectively. The stock is now down 2.18 on 23K shares.
Diamond Foods spiked to the downside late Wednesday morning and closed lower by 1.29 at $30.41 on above average volume. The stock pulled back from the highs of the year.
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