Diamond Foods Beats Street Estimates (DMND)

Diamond Foods, Inc. DMND reports Q3 earnings of $0.64 versus expectations of $0.60. Diamond Foods, Inc. reports revenues of $252.6 million versus estimates of $240.39 million. Revenues rose 39.9% year over year. "We are pleased with the organic growth in our base retail business, which has been augmented by the addition of Kettle," said Michael J. Mendes, Chairman, President and CEO. "Our strong performance gives us the confidence to further invest in our brands while increasing our sales and earnings guidance." Shares of DMND are higher in the after-hours by 4.17%.