Brief: Hostess Brands Reports 16.1% Net Revenue Growth In The Fourth Quarter

Hostess Brands

01/03/2022 12:13

March 1 (Reuters) - Hostess Brands Inc  TWNK.O :
    * HOSTESS BRANDS DELIVERS STRONG PROFITS DRIVEN BY 16.1% NET
REVENUE GROWTH IN THE FOURTH QUARTER
    * Q4 EARNINGS PER SHARE $0.25
    * SEES FY ADJUSTED EARNINGS PER SHARE $0.93 TO $0.98
    * Q4 ADJUSTED EARNINGS PER SHARE $0.25
    * Q4 REVENUE ROSE 16.1 PERCENT TO $297.2 MILLION
    * SEES 2022 ADJUSTED NET REVENUE GROWTH OF 5% TO 8%
    * APPROVED A STOCK REPURCHASE AUTHORIZATION OF UP TO $150
MILLION
SHARES OF ITS COMMON STOCK REPLACING ITS PREVIOUS PROGRAM
    * Q4 EARNINGS PER SHARE VIEW $0.23, REVENUE VIEW $281.7
MILLION --
REFINITIV IBES DATA
    * FY2022 EARNINGS PER SHARE VIEW $0.94, REVENUE VIEW $1.18
BILLION
-- REFINITIV IBES DATA

Source text for Eikon:  ID:nBw4WN6wZa 
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