The Marzetti Company reports results for the quarter ended June 30 - Earnings Summary
The Marzetti Company reports results for the quarter ended June 30 - Earnings Summary
The Marzetti Company MZTI.OQ reported quarterly adjusted earnings of $1.46 per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $1.18. The mean expectation of five analysts for the quarter was for earnings of $1.40 per share. Wall Street expected results to range from $1.34 to $1.43 per share.
Revenue fell 2.2% to $465.03 million from a year ago; analysts expected $476.97 million.
The Marzetti Company's reported EPS for the quarter was $1.76.
The company reported quarterly net income of $48.29 million.
The Marzetti Company shares had risen by 1.4% this quarter and lost 29.6% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 1.3% in the last three months.
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the food processing peer group is "buy."
Wall Street's median 12-month price target for The Marzetti Company is $160.00, about 27.7% above its last closing price of $115.76
This summary was machine generated from LSEG data August 25 at 01:31 p.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 |
Jun. 30 2026 | 1.40 | 1.46 | Beat |
Mar. 31 2026 | 1.54 | 1.32 | Missed |
Dec. 31 2025 | 2.22 | 2.22 | Met |
Sep. 30 2025 | 1.69 | 1.76 | Beat |
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