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

Flowers Foods

09/11/2022 01:29

* Flowers Foods Inc  FLO.N   FLO  is expected to show a rise
in
quarterly revenue when it reports  results on November 10. 
    * The Thomasville Georgia-based  company is expected to
report  a
11.0% increase in revenue to $1.141 billion from $1.03 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 $28.5​, even ​ its last closing price of $28.50. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  0.25        0.25       0.30      Beat    20
 ​​Jun.        0.27        0.28       0.32      Beat    14.3
 30 2021                                                
 Mar. 31 2021  0.39        0.39       0.41      Beat    6.2​
 Dec. 31 2020  0.25        0.24       0.28      Beat    16.9
 Sep. 30 2020  0.26        0.26       0.29      Beat    10.7
 This summary was machine generated November 9 at 01:29 GMT.  All
figures in US dollars  unless otherwise stated