Simply Good Foods Co expected to post earnings of 50 cents a share - Earnings Preview

The Simply Good Foods

22/10/2024 15:06

* Simply Good Foods Co  SMPL.OQ   SMPL.O  is expected
to show a
rise in quarterly revenue when it reports  results on October 24
for the period ending August 31 2024
    * The Denver Colorado-based  company is expected to report a
16.7% increase in revenue to $374.057 million from $320.42
million a year ago, according to the mean estimate from 10
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Simply Good Foods Co is
for
earnings of 50 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 4
"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 40.00​, above​ its last closing price of $32.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 May. 31 2024  0.48        0.48       0.50      Beat    3.7
 Feb. 29 2024              0.38       0.40      Beat    5.8
 Nov. 30 2023  0.41        0.41       0.43      Beat    3.9​
 Aug. 31 2023  0.45        0.45       0.45      Met     0
 ​​May.        0.41        0.41       0.44      Beat    6.8
 31 2023                                                
 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. 31 2022  0.29        0.28       0.36      Beat    27.5
 This summary was machine generated October 22 at 14:05 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)