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

The Simply Good Foods

04/01/2024 14:31

* Simply Good Foods Co  SMPL.OQ  reported quarterly adjusted
earnings of 35 cents​​ per share for the quarter ended in
November, lower than the same quarter last year, when the
company reported EPS of 42 cents.  The mean expectation of
twelve analysts for the quarter was for earnings of 42 cents per
share. Wall Street expected results to range from 40 cents to 43
cents per share.
    * Revenue rose 2.6% to $308.68 million from a year ago;
analysts
expected $309.26 million. 
    * Simply Good Foods Co shares had fallen by 0.0% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 6.9%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 10 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the food
processing
peer group is also "buy"

Wall Street's median 12-month price target for Simply Good Foods
Co is $42.00 
This summary was machine generated from LSEG data January 4 at
02:30 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Nov. 30 2023      0.42           0.35           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