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

Flowers Foods

10/11/2022 23:37

* Flowers Foods Inc  FLO.N  reported quarterly adjusted
earnings
of 30 cents​​ per share for the quarter ended in September. The
mean expectation of six analysts for the quarter was
for earnings of 28 cents per share.
    * Revenue rose 12.7% to $1.16 billion from a year ago;
analysts
expected $1.14 billion. 
    * Flowers Foods Inc's reported EPS for the quarter was 19
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Flowers Foods Inc shares had risen by 15.2% this
quarter and
gained 3.6% so far this year.
    * The company reported quarterly net income of $40.53
million.
    * Wall Street's median 12-month price target for Flowers
Foods Inc
is $28.50 
    * 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." 

This summary was machine generated from Refinitiv data November
10 at 11:37 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.29           0.30           Beat
 Jun. 30 2022      0.27           0.31           Beat
 Mar. 31 2022      0.39           0.44           Beat
 Dec. 31 2021      0.22           0.20           Missed