Simply Good Foods Co reports results for the quarter ended in August - Earnings Summary

The Simply Good Foods

24/10/2023 14:32

* Simply Good Foods Co  SMPL.OQ  reported quarterly adjusted
earnings of 45 cents​​ per share for the quarter ended in
August. The mean expectation of twelve analysts for the quarter
was for earnings of 45 cents per share.
    * Revenue rose 16.9% to $320.42 million from a year ago;
analysts
expected $320.77 million. 
    * Simply Good Foods Co's reported EPS for the quarter was 36
cents​.
    * The mean earnings estimate of analysts had risen by
about 1.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Simply Good Foods Co shares had fallen by 5.7% this
quarter and
lost 14.4% so far this year.
    * The company reported quarterly net income of $36.64
million.
    * Wall Street's median 12-month price target for Simply Good
Foods
Co is $42.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 24 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Aug. 31 2023      0.45           0.45           Met
 May. 31 2023      0.41           0.44           Beat
 Feb. 28 2023      0.29           0.32           Beat
 Nov. 30 2022      0.40           0.42           Beat