Flowers Foods Inc expected to post earnings of 28  cents a share - Earnings Preview

Flowers Foods

09/08/2023 03:06

* Flowers Foods Inc  FLO.N   FLO  is expected to show a rise
in
quarterly revenue when it reports  results on August 10. 
    * The Thomasville Georgia-based  company is expected to
report  a
6.0% increase in revenue to $1.197 billion from $1.13 billion 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 28 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 $26​, above​ its last closing price of $24.70. ​​​

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  0.38        0.38       0.38      Met     0.8
 Dec. 31 2023  0.23        0.23       0.23      Met     -1.6
 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.        0.40        0.39       0.44      Beat    11.9
 31 2022                                                
 Dec. 31 2021  0.22        0.22       0.20      Missed  -7​
 Sep. 30 2021  0.25        0.25       0.30      Beat    20
 Jun. 30 2021  0.27        0.28       0.32      Beat    14.3
 This summary was machine generated August 9 at 02:05 GMT.  All
figures in US dollars  unless otherwise stated