Hostess Brands Inc expected to post earnings of 27  cents a share - Earnings Preview

Hostess Brands

06/05/2023 03:11

* Hostess Brands Inc  TWNK.OQ   TWNK.O  is expected to show
a rise
in quarterly revenue when it reports  results on May 9. 
    * The Lenexa Kansas-based  company is expected to report  a
1.9% increase in revenue to $338.443 million from $332.05
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 27 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 had fallen by
about 0.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Hostess
Brands
Inc is $29.5​, above​ its last closing price of $26.30. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  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. 31 2022  0.23        0.22       0.27      Beat    20.2
 ​​Dec.        0.23        0.23       0.25      Beat    9.2
 31 2021                                                
 Sep. 30 2021  0.20        0.20       0.21      Beat    6.2​
 Jun. 30 2021  0.21        0.22       0.23      Beat    7
 Mar. 31 2021  0.19        0.19       0.20      Beat    4.1
 This summary was machine generated May 6 at 02:11 GMT.  All
figures in US dollars  unless otherwise stated