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

Hostess Brands

02/11/2022 21:03

* Hostess Brands Inc  TWNK.OQ  reported quarterly adjusted
earnings of 23 cents​​ per share for the quarter ended in
September. The mean expectation of eleven analysts for the
quarter was for earnings of 21 cents per share.
    * Revenue rose 20.2% to $346.23 million from a year ago;
analysts
expected $322.43 million. 
    * Hostess Brands Inc's reported EPS for the quarter was 48
cents​.
    * The mean earnings estimate of analysts had fallen by
about 2.3%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Hostess Brands Inc shares had risen by 10.5% this
quarter and
gained 25.7% so far this year.
    * The company reported quarterly net income of $66.27
million.
    * Wall Street's median 12-month price target for Hostess
Brands
Inc is $27.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 9 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
2 at 09:03 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.21           0.23           Beat
 Jun. 30 2022      0.22           0.22           Met
 Mar. 31 2022      0.22           0.27           Beat
 Dec. 31 2021      0.23           0.25           Beat