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

The Simply Good Foods

05/04/2023 14:31

* Simply Good Foods Co  SMPL.OQ  reported quarterly adjusted
earnings of 32 cents​​ per share for the quarter ended in
February. The mean expectation of fourteen analysts for the
quarter was for earnings of 29 cents per share.
    * Revenue fell 0% to $296.58 million from a year ago;
analysts
expected $293.88 million. 
    * Simply Good Foods Co's reported EPS for the quarter was 25
cents​.
    * The mean earnings estimate of analysts had fallen by
about 18.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Simply Good Foods Co shares had fallen by 2.7% this
quarter and
gained 1.7% so far this year.
    * The company reported quarterly net income of $25.64
million.
    * Wall Street's median 12-month price target for Simply Good
Foods
Co is $43.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 11 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 5 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Feb. 28 2023      0.29           0.32           Beat
 Nov. 30 2022      0.40           0.42           Beat
 Aug. 31 2022      0.28           0.36           Beat
 May. 31 2022      0.35           0.44           Beat