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

The Simply Good Foods

30/06/2022 14:31

* Simply Good Foods Co  SMPL.OQ  reported quarterly adjusted
earnings of 44 cents​​ per share for the quarter ended in May.
The mean expectation of fourteen analysts for the quarter was
for earnings of 35 cents per share.
    * Revenue rose 11.5% to $316.53 million from a year ago; 
analysts
expected $294.11 million. 
    * Simply Good Foods Co's reported EPS for the quarter was 38
cents​.
    * The mean earnings estimate of analysts had fallen by
about 10%
in the last three months.​ 
    * In the last 30 days two analysts negatively revised
earnings
estimates 
    * Simply Good Foods Co shares had risen by 8.6% this
quarter and
lost 0.9% so far this year.
    * The company reported quarterly net income of $38.83
million.
    * Wall Street's median 12-month price target for Simply Good
Foods
Co is $45.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 12 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated June 30 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated