B&G Foods Inc reports results for the quarter ended in December - Earnings Summary

B&G Foods

28/02/2023 22:49

* B&G Foods Inc  BGS.N  reported quarterly adjusted earnings
of 40
cents​​ per share for the quarter ended in December. The mean
expectation of eight analysts for the quarter was for earnings
of 22 cents per share.
    * Revenue rose 9% to $623.23 million from a year ago;
analysts
expected $583.90 million. 
    * B&G Foods Inc's reported EPS for the quarter was 34
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * B&G Foods Inc shares had risen by 13.0% this quarter.
    * The company reported quarterly net income of $24.3
million.
    * Wall Street's median 12-month price target for B&G Foods
Inc is
$13.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and 2 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
28 at 10:48 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.22           0.40           Beat
 Sep. 30 2022      0.31           0.31           Met
 Jun. 30 2022      0.27           0.07           Missed
 Mar. 31 2022      0.39           0.34           Missed