B&G Foods Inc reports results for the quarter ended June 30 - Earnings Summary
B&G Foods Inc reports results for the quarter ended June 30 - Earnings Summary
B&G Foods Inc BGS.N reported quarterly adjusted earnings of 6 cents per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 4 cents. The mean expectation of five analysts for the quarter was for earnings of 7 cents per share. Wall Street expected results to range from 5 cents to 9 cents per share.
Revenue fell 9.7% to $383.28 million from a year ago; analysts expected $395.95 million.
B&G Foods Inc's reported EPS for the quarter was a loss of 5 cents.
The company reported a quarterly loss of $3.98 million.
B&G Foods Inc shares had fallen by 14.6% this quarter and lost 20.9% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 9.8% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 4 "hold" and 1 "sell" or "strong sell." The average consensus recommendation for the food processing peer group is "buy."
Wall Street's median 12-month price target for B&G Foods Inc is $5.00, about 32% above its last closing price of $3.40
This summary was machine generated from LSEG data August 11 at 09:01 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.07 | 0.06 | Missed |
Mar. 31 2026 | 0.05 | 0.08 | Beat |
Dec. 31 2025 | 0.30 | 0.28 | Missed |
Sep. 30 2025 | 0.11 | 0.15 | Beat |
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B&G Foods Inc reports results for the quarter ended June 30 - Earnings Summary