Flowers Foods Inc expected to post earnings of 21 cents a share - Earnings Preview

Flowers Foods

06/02/2024 21:39

* Flowers Foods Inc  FLO.N   FLO  is expected to show a rise
in
quarterly revenue when it reports  results on February 8 for the
period ending December 31 2023
    * The Thomasville Georgia-based  company is expected to
report a
4.2% increase in revenue to $1.128 billion from $1.08 billion a
year ago, according to the mean estimate from 6 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Flowers Foods Inc is for
earnings of 21 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "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 Flowers
Foods Inc
is $23.00​, below​ its last closing price of $23.13. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.28        0.28       0.29      Beat    3
 Jun. 30 2023  0.28        0.28       0.33      Beat    17.2
 Mar. 31 2023  0.38        0.38       0.38      Met     0.8​
 Dec. 31 2022  0.23        0.23       0.23      Met     -1.6
 ​​Sep.        0.28        0.29       0.30      Beat    5.3
 30 2022                                                
 Jun. 30 2022  0.27        0.27       0.31      Beat    15.7​
 Mar. 31 2022  0.40        0.39       0.44      Beat    11.9
 Dec. 31 2021  0.22        0.22       0.20      Missed  -7
 This summary was machine generated February 6 at 21:39 GMT.  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)