Brief: Hostess Brands, Inc. Announces First Quarter 2022 Financial Results

Hostess Brands

04/05/2022 22:49

May 4 (Reuters) - Hostess Brands Inc  TWNK.O :
    * HOSTESS BRANDS, INC. ANNOUNCES STRONG FIRST QUARTER 2022
FINANCIAL RESULTS
    * Q1 ADJUSTED EARNINGS PER SHARE $0.27
    * Q1 EARNINGS PER SHARE $0.25
    * SEES FY ADJUSTED EARNINGS PER SHARE $0.93 TO $0.98
    * Q1 REVENUE ROSE 25.1 PERCENT TO $332.1 MILLION
    * RAISES 2022 FULL YEAR GUIDANCE
    * SEES 2022 NET REVENUE GROWTH AT LEAST 12%
    * SEES 2022 ADJUSTED EBITDA TOWARDS THE HIGHER END OF $280 -
$290
MILLION
    * Q1 EARNINGS PER SHARE VIEW $0.22, REVENUE VIEW $296.8
MILLION --
REFINITIV IBES DATA
    * SEES 2022 ADJUSTED EPS (DILUTED) $0.93 - $0.98
    * FY2022 EARNINGS PER SHARE VIEW $0.97, REVENUE VIEW $1.23
BILLION
-- REFINITIV IBES DATA

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