* Flowers Foods Inc FLO.N reported quarterly adjusted
earnings
of 22 cents per share for the quarter ended December 31,
higher than the same quarter last year, when the company
reported EPS of 20 cents. The mean expectation of
eight analysts for the quarter was for earnings of 21 cents per
share. Wall Street expected results to range from 20 cents to 21
cents per share.
* Revenue fell 1.6% to $1.11 billion from a year ago;
analysts
expected $1.13 billion.
* Flowers Foods Inc's reported EPS for the quarter was 20
cents.
* The company reported quarterly net income of $43.12
million.
* Flowers Foods Inc shares had fallen by 6.4% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had fallen by
about 5.1%
in the last three months.
* In the last 30 days, one analyst negatively revised an
earnings
estimate
RECOMMENDATIONS
* The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and 1 "sell" or "strong sell."
* The average consensus recommendation for the food
processing
peer group is also "hold"
Wall Street's median 12-month price target for Flowers Foods Inc
is $23.50
This summary was machine generated from LSEG data February 7 at
01:03 p.m. UTC. 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) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2024 0.21 0.22 Beat
Sep. 30 2024 0.29 0.33 Beat
Jun. 30 2024 0.33 0.36 Beat
Mar. 31 2024 0.41 0.37 Missed