Post Holdings Inc reports results for the quarter ended in March - Earnings Summary

Post Holdings

03/05/2024 01:15

* Post Holdings Inc  POST.N  reported quarterly adjusted
earnings
of $1.51​​ per share for the quarter ended in March, higher than
the same quarter last year, when the company reported EPS of
$1.10.  The mean expectation of ten analysts for the quarter was
for earnings of $1.28 per share. Wall Street expected results to
range from $1.19  to $1.43 per share.
    * Revenue rose 23.4% to $2.00 billion from a year ago;
analysts
expected $2.03 billion. 
    * Post Holdings Inc's reported EPS for the quarter was
$1.48​.
    * The company reported quarterly net income of $97.2
million.
    * Post Holdings Inc shares had fallen by 1.4% this
quarter and
gained 19.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 5.8%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * 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 average consensus recommendation for the food
processing
peer group is also "buy"

Wall Street's median 12-month price target for Post Holdings Inc
is $115.00 
This summary was machine generated from LSEG data May 3 at 12:15
a.m. UTC. ​All figures in US dollars unless otherwise stated.
(For questions concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      1.28           1.51           Beat
 Dec. 31 2023      1.10           1.69           Beat
 Sep. 30 2023      1.34           1.63           Beat
 Jun. 30 2023      0.93           1.52           Beat