B&G Foods Inc expected to post earnings of 26  cents a share - Earnings Preview

B&G Foods

03/05/2023 03:09

* B&G Foods Inc  BGS.N   BGS  is expected to show a fall in
quarterly revenue when it reports  results on May 4. 
    * The Parsippany New Jersey-based  company is expected to
report 
a 0.9% decrease in revenue to $527.483 million from $532.41
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for B&G Foods Inc is
for
earnings of 26 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 2.2%
in the last three months. ​
    * Wall Street's median 12-month price target for B&G Foods
Inc is
$15​, below​ its last closing price of $16.11. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.22        0.22       0.40      Beat    84.1
 Sep. 30 2022  0.31        0.31       0.31      Met     -0.5
 Jun. 30 2022  0.24        0.27       0.07      Missed  -74.1​
 Mar. 31 2022  0.39        0.39       0.34      Missed  -11.8
 ​​Dec.        0.42        0.42       0.39      Missed  -8.1
 31 2021                                                
 Sep. 30 2021  0.56        0.56       0.55      Missed  -0.9​
 Jun. 30 2021  0.47        0.48       0.41      Missed  -14.8
 Mar. 31 2021  0.55        0.55       0.52      Missed  -5.6
 This summary was machine generated May 3 at 02:08 GMT.  All
figures in US dollars  unless otherwise stated