Flowers Foods Inc expected to post earnings of 41 cents a share - Earnings Preview

Flowers Foods

14/05/2024 21:04

* Flowers Foods Inc  FLO.N   FLO  is expected to show a rise
in
quarterly revenue when it reports  results on May 16 for the
period ending March 31 2024
    * The Thomasville Georgia-based  company is expected to
report a
2.9% increase in revenue to $1.578 billion from $1.53 billion a
year ago, according to the mean estimate from 7 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Flowers Foods Inc is for
earnings of 41 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"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 $25.18. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.21        0.21       0.20      Missed  -4.7
 Sep. 30 2023  0.28        0.28       0.29      Beat    3
 Jun. 30 2023  0.28        0.28       0.33      Beat    17.2​
 Jan. 1 0001   0.38        0.38       0.38      Met     0.8
 ​​Dec.        0.23        0.23       0.23      Met     -1.6
 31 2022                                                
 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
 This summary was machine generated May 14 at 20:04 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)