Flowers Foods Inc reports results for the quarter ended in December - Earnings Summary

Flowers Foods

09/02/2023 23:35

* Flowers Foods Inc  FLO.N  reported quarterly adjusted
earnings
of 23 cents​​ per share for the quarter ended in December. The
mean expectation of six analysts for the quarter was
for earnings of 23 cents per share.
    * Revenue rose 10.1% to $1.08 billion from a year ago;
analysts
expected $1.10 billion. 
    * Flowers Foods Inc's reported EPS for the quarter was 23
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Flowers Foods Inc shares had fallen by 4.5% this quarter.
    * The company reported quarterly net income of $48.6
million.
    * Wall Street's median 12-month price target for Flowers
Foods Inc
is $29.00 
    * 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." 

This summary was machine generated from Refinitiv data February
9 at 11:35 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.23           0.23           Met
 Sep. 30 2022      0.29           0.30           Beat
 Jun. 30 2022      0.27           0.31           Beat
 Mar. 31 2022      0.39           0.44           Beat