TreeHouse Foods Inc expected to post earnings of 40  cents a share - Earnings Preview

TreeHouse Foods

05/05/2023 18:56

* TreeHouse Foods Inc  THS.N   THS  is expected to show a
fall in
quarterly revenue when it reports  results on May 8. 
    * The Oak Brook Illinois-based  company is expected to
report  a
25.4% decrease in revenue to $850.841 million from $1.14 billion
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on February 13
2023, for the period ended March 31, was for revenue between
$1.24 billion and $1.28 billion.
    * ​Refinitiv's mean analyst estimate for TreeHouse Foods Inc
is
for earnings of 40 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"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 $56​, above​ its last closing price of $53.73. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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​
 Mar. 31 2022  -0.50       -0.52      -0.15     Beat    71
 ​​Dec.        0.10        0.20       0.11      Missed  -45.4
 31 2021                                                
 Sep. 30 2021  0.50        0.54       0.46      Missed  -14.3​
 Jun. 30 2021  0.26        0.29       0.26      Missed  -11
 Mar. 31 2021  0.32        0.32       0.36      Beat    12.6
 This summary was machine generated May 5 at 17:56 GMT.  All
figures in US dollars  unless otherwise stated