TreeHouse Foods Inc expected to post earnings of 42  cents a share - Earnings Preview

TreeHouse Foods

04/08/2023 19:25

* TreeHouse Foods Inc  THS.N   THS  is expected to show a
fall in
quarterly revenue when it reports  results on August 7. 
    * The Oak Brook Illinois-based  company is expected to
report  a
30.5% decrease in revenue to $831.808 million from $1.2 billion
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. The company's guidance on June 13 2023,
for the period ended June 30, was for revenue between $810.00
million and $840.00 million.
    * ​Refinitiv's mean analyst estimate for TreeHouse Foods Inc
is
for earnings of 42 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 $58​, above​ its last closing price of $51.96. ​​​

The company's guidance on June 13 2023 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between USD810 million and USD80 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.41        0.40       0.68      Beat    70.3
 Dec. 31 2023  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.        -0.50       -0.52      -0.15     Beat    71
 31 2022                                                
 Dec. 31 2021  0.10        0.20       0.11      Missed  -45.4​
 Sep. 30 2021  0.50        0.54       0.46      Missed  -14.3
 Jun. 30 2021  0.26        0.29       0.26      Missed  -11
 This summary was machine generated August 4 at 18:25 GMT.  All
figures in US dollars  unless otherwise stated