B&G Foods Inc expected to post earnings of 9  cents a share - Earnings Preview

B&G Foods

02/08/2023 03:01

* B&G Foods Inc  BGS.N   BGS  is expected to show a fall in
quarterly revenue when it reports  results on August 3. 
    * The Parsippany New Jersey-based  company is expected to
report 
a 2.8% decrease in revenue to $465.636 million from $478.97
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for B&G Foods Inc is
for
earnings of 9 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for B&G Foods
Inc is
$15​, above​ its last closing price of $12.96. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.26        0.26       0.27      Beat    5.2
 Dec. 31 2023  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.        0.39        0.39       0.34      Missed  -11.8
 31 2022                                                
 Dec. 31 2021  0.42        0.42       0.39      Missed  -8.1​
 Sep. 30 2021  0.56        0.56       0.55      Missed  -0.9
 Jun. 30 2021  0.47        0.48       0.41      Missed  -14.8
 This summary was machine generated August 2 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated