Flowers Foods Inc expected to post earnings of 23cents a share - Earnings Preview

Flowers Foods

07/02/2023 23:44

* Flowers Foods Inc  FLO.N   FLO  is expected to show a rise
in
quarterly revenue when it reports  results on February 9. 
    * The Thomasville Georgia-based  company is expected to
report  a
12.3% increase in revenue to $1.104 billion from $983.49 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Flowers Foods Inc
is for
earnings of 23 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"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 Flowers
Foods Inc
is $29​, above​ its last closing price of $27.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.28        0.29       0.30      Beat    5.3
 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
 ​​Sep.        0.25        0.25       0.30      Beat    20
 30 2021                                                
 Jun. 30 2021  0.27        0.28       0.32      Beat    14.3​
 Mar. 31 2021  0.39        0.39       0.41      Beat    6.2
 Dec. 31 2020  0.25        0.24       0.28      Beat    16.9
 This summary was machine generated February 7 at 23:44 GMT.  All
figures in US dollars  unless otherwise stated