Hostess Brands Inc expected to post earnings of 22 cents a share - Earnings Preview

Hostess Brands

03/08/2021 24:02

* Hostess Brands Inc  TWNK.OQ   TWNK.O  is expected to show a
rise in quarterly revenue when it reports results on August 4. 
* The Lenexa, Kansas-based company is expected to report   a
6.7% increase in revenue to $273.513 million from $256.23
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Hostess Brands Inc is
for earnings of 22 cents per share. For the same quarter last
year, the company reported earnings of 22 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 7 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for Hostess Brands
Inc is $18​, about 11.4% above​ its last closing price
of $15.95. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.19        0.19       0.20      Beat    4.1
 Dec. 31 2020  0.20        0.20       0.21      Beat    5.9
 Sep. 30 2020  0.18        0.17       0.19      Beat    8.9​
 Jun. 30 2020  0.15        0.15       0.22      Beat    50.3
 Mar.          0.13​       0.13       0.14      Beat    8.5​
 31​ 2020​                                              
 Dec. 31 2019  0.16        0.16       0.16      Met     -1.2​
 Sep. 30 2019  0.12        0.12       0.13      Beat    5.7
 Jun. 30 2019  0.15        0.15       0.17      Beat    11.5
 This summary was machine generated August 2 at 23:02 GMT.  All
figures in US dollars unless otherwise stated