Hostess Brands Inc expected to post earnings of 26  cents a share - Earnings Preview

Hostess Brands

05/08/2023 03:13

* Hostess Brands Inc  TWNK.OQ   TWNK.O  is expected to show
a rise
in quarterly revenue when it reports  results on August 8. 
    * The Lenexa Kansas-based  company is expected to report  a
5.3% increase in revenue to $358.353 million from $340.47
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Hostess Brands Inc
is for
earnings of 26 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 4
"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 $30​, above​ its last closing price of $23.54. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.27        0.27       0.28      Beat    4.1
 Dec. 31 2023  0.24        0.24       0.25      Beat    3.1
 Sep. 30 2022  0.21        0.21       0.23      Beat    9.8​
 Jun. 30 2022  0.22        0.22       0.22      Met     0.8
 ​​Mar.        0.23        0.22       0.27      Beat    20.2
 31 2022                                                
 Dec. 31 2021  0.23        0.23       0.25      Beat    9.2​
 Sep. 30 2021  0.20        0.20       0.21      Beat    6.2
 Jun. 30 2021  0.21        0.22       0.23      Beat    7
 This summary was machine generated August 5 at 02:12 GMT.  All
figures in US dollars  unless otherwise stated