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

The Simply Good Foods

29/06/2023 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 thirteen analysts for the quarter was
for earnings of 41 cents per share.
    * Revenue rose 2.6% to $324.79 million from a year ago;
analysts
expected $321.38 million. 
    * Simply Good Foods Co's reported EPS for the quarter was 35
cents​.
    * The mean earnings estimate of analysts had fallen by
about 13.8%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Simply Good Foods Co shares had fallen by 13.0% this
quarter and
lost 9.0% so far this year.
    * The company reported quarterly net income of $35.43
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," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data June
29 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 May. 31 2023      0.41           0.44           Beat
 Feb. 28 2023      0.29           0.32           Beat
 Nov. 30 2022      0.40           0.42           Beat
 Aug. 31 2022      0.28           0.36           Beat