Hostess Brands Inc reports results for the quarter ended in December - Earnings Summary

Hostess Brands

21/02/2023 22:02

* Hostess Brands Inc  TWNK.OQ  reported quarterly adjusted
earnings of 25 cents​​ per share for the quarter ended in
December. The mean expectation of eleven analysts for the
quarter was for earnings of 24 cents per share.
    * Revenue rose 14.2% to $339.46 million from a year ago;
analysts
expected $331.30 million. 
    * Hostess Brands Inc's reported EPS for the quarter was 24
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Hostess Brands Inc shares had risen by 0.9% this quarter.
    * The company reported quarterly net income of $32.89
million.
    * Wall Street's median 12-month price target for Hostess
Brands
Inc is $29.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
21 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.24           0.25           Beat
 Sep. 30 2022      0.21           0.23           Beat
 Jun. 30 2022      0.22           0.22           Met
 Mar. 31 2022      0.22           0.27           Beat