Simply Good Foods Co expected to post earnings of 42 cents a share - Earnings Preview

The Simply Good Foods

02/01/2024 13:34

* Simply Good Foods Co  SMPL.OQ   SMPL.O  is expected
to show a
rise in quarterly revenue when it reports  results on January 4
for the period ending August 31 2023
    * The Denver Colorado-based  company is expected to report a
2.7% increase in revenue to $309.128 million from $300.88
million a year ago, according to the mean estimate from 11
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Simply Good Foods Co is
for
earnings of 42 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Simply Good
Foods
Co is $42.00​, above​ its last closing price of $39.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Aug. 31 2023  0.45        0.45       0.45      Met     0
 May. 31 2023  0.41        0.41       0.44      Beat    6.8
 Feb. 28 2023  0.31        0.29       0.32      Beat    8.6​
 Nov. 30 2022  0.41        0.40       0.42      Beat    5.1
 ​​Aug.        0.29        0.28       0.36      Beat    27.5
 31 2022                                                
 May. 31 2022  0.36        0.35       0.44      Beat    26.7​
 Feb. 28 2022  0.27        0.27       0.36      Beat    31.4
 Nov. 30 2021  0.34        0.34       0.43      Beat    25
 This summary was machine generated January 2 at 13:34 GMT.  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)