Highliner Foods' Q2 adjusted EPS misses estimates

High Liner Foods

07/08/2025 22:14

Overview

Highliner Foods Q2 sales rise 9.8%, meeting analyst expectations

Adjusted EPS for Q2 misses estimates, coming in at $0.38

Net income declines 56% due to higher finance costs and acquisition expenses

Outlook

Highliner Foods expects tariffs to continue impacting operations in H2 2025

Company pursuing strategies to support volume growth and preserve margins

Highliner Foods anticipates long-term growth from Conagra Brands acquisition

Result Drivers

SALES VOLUME - Increased by 6.0% due to higher demand in retail and foodservice sectors, supported by later Lent

BRAND INTEGRATION - Integration of Mrs. Pauls and Van de Kamps brands expected to expand U.S. market presence

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
In-line
$239.61 mln
$239.60 mln (4 Analysts)
Q2 Adjusted EPS
Miss
$0.38
$0.41 (4 Analysts)
Q2 EPS
$0.28
Q2 Adjusted Net Income
$11.50 mln
Q2 Net Income
$8.47 mln
Q2 Adjusted EBITDA
$25.08 mln
Q2 Gross Profit
$53.32 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "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 High Liner Foods Inc is C$21.00, about 18.8% above its August 6 closing price of C$17.05

The stock recently traded at 7 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nCNWXkXhka

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)