Brief: Hostess Brands, Inc. Announces Third Quarter Results

Hostess Brands

06/11/2019 22:43

Nov 6 (Reuters) - Hostess Brands Inc  TWNK.O :
    * HOSTESS BRANDS, INC. ANNOUNCES THIRD QUARTER 2019
FINANCIAL
RESULTS
    * Q3 REVENUE $227.2 MILLION VERSUS REFINITIV IBES ESTIMATE
OF
$215.7 MILLION
    * Q3 ADJUSTED EARNINGS PER SHARE $0.13
    * Q3 EARNINGS PER SHARE $0.07
    * Q3 EARNINGS PER SHARE ESTIMATE $0.12 -- REFINITIV IBES
DATA
    * EXPECTS CONTINUED ORGANIC REVENUE GROWTH WELL ABOVE SWEET
BAKED
GOODS CATEGORY IN 2019
    * EXPECTS FULL YEAR 2019 ADJUSTED EBITDA OF $202 MILLION TO
$208
MILLION
    * SEES ADJUSTED EPS OF $0.58 TO $0.61 IN 2019
    * SEES CAPITAL EXPENDITURES OF APPROXIMATELY $30 MILLION TO
$35
MILLION IN 2019

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