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FLO Flowers Foods News Story

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Flowers Foods Inc reports results for the quarter ended March 31 - Earnings Summary

Flowers Foods Inc FLO.N reported quarterly adjusted earnings of 35 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 37 cents.  The mean expectation of eight analysts for the quarter was for earnings of 38 cents per share. Wall Street expected results to range from 35 cents to 41 cents per share.

Revenue fell 1.4% to $1.55 billion from a year ago; analysts expected $1.60 billion.

Flowers Foods Inc's reported EPS for the quarter was 25 cents​.

The company reported quarterly net income of $53 million.

Flowers Foods Inc shares had fallen by 10.2% this quarter and lost 17.4% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 2.3% in the last three months.​

In the last 30 days, two analysts negatively revised earnings estimates

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  "buy."

Wall Street's median 12-month price target for Flowers Foods Inc is $20.00

This summary was machine generated from LSEG data May 16 at 12:01 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 ENDINGESTIMATEACTUALBEAT, MET, MISSED
Mar. 31 20250.380.35Missed
Dec. 31 20240.210.22Beat
Sep. 30 20240.290.33Beat
Jun. 30 20240.330.36Beat

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