TreeHouse Foods Inc expected to post earnings of 13 cents a share - Earnings Preview

TreeHouse Foods

02/08/2024 18:23

* TreeHouse Foods Inc  THS.N   THS  is expected to show a
fall in
quarterly revenue when it reports  results on August 5 for the
period ending June 30 2024
    * The Oak Brook Illinois-based  company is expected to
report a
7.1% decrease in revenue to $783.649 million from $843.6 million
a year ago, according to the mean estimate from 9 analysts,
based on LSEG data.The company's guidance on May 6 2024, for the
period ended June 30, was for revenue between $770.00 million
and $800.00 million.
    * ​LSEG's mean analyst estimate for TreeHouse Foods Inc is
for
earnings of 13 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for TreeHouse
Foods
Inc is $37.00​, below​ its last closing price of $39.35. ​​​

The company's guidance on May 6 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD770 million and USD65 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.01       -0.01      -0.03     Missed  -153
 Dec. 31 2024  0.73        0.73       0.77      Beat    5.9
 Sep. 30 2023  0.55        0.53       0.57      Beat    8.4​
 Jun. 30 2023  0.43        0.42       0.42      Met     -0.2
 ​​Mar.        0.41        0.40       0.68      Beat    70.3
 31 2023                                                
 Dec. 31 2022  0.93        0.92       0.98      Beat    6.5​
 Sep. 30 2022  0.17        0.16       0.18      Beat    14.5
 Jun. 30 2022  -0.14       -0.14      -0.04     Beat    71.5
 This summary was machine generated August 2 at 17:23 GMT.  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)