Bemis Lowers Third Quarter and Total Year Earnings
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NEENAH, Wis.—Bemis Company, Inc. announced that, based upon preliminary performance results through Sept., it expects third quarter diluted earnings to be $0.37 to $0.40 per share. This is below its previous guidance range of $0.48 to $0.51 per share established in July. In addition, Bemis expects to further reduce its 2007 total year guidance by as much as 10 percent below its previous total year guidance. More specific guidance for the remainder of the year will be included in the 2007 third quarter earnings press release on Oct. 30, 2007.
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- Bemis Lowers
- Jeffrey Curler
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