TreeHouse Foods Inc expected to post earnings of 73 cents a share - Earnings Preview

TreeHouse Foods

14/02/2024 13:50

* TreeHouse Foods Inc  THS.N   THS  is expected to show a
fall in
quarterly revenue when it reports  results on February 16 for
the period ending December 31 2023
    * The Oak Brook Illinois-based  company is expected to
report a
7.1% decrease in revenue to $925.441 million from $996.3 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.The company's guidance on November 6 2023,
for the period ended December 31, was for revenue between
$910.00 million and $940.00 million.
    * ​LSEG's mean analyst estimate for TreeHouse Foods Inc is
for
earnings of 73 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 5
"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 $44.00​, above​ its last closing price of $41.86. ​​​

The company's guidance on November 6 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD910 million and
USD113 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  
 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. 31 2023  0.41        0.40       0.68      Beat    70.3​
 Dec. 31 2022  0.93        0.92       0.98      Beat    6.5
 ​​Sep.        0.17        0.16       0.18      Beat    14.5
 30 2022                                                
 Jun. 30 2022  -0.14       -0.14      -0.04     Beat    71.5​
 Mar. 31 2022  -0.50       -0.52      -0.15     Beat    71
 Dec. 31 2021  0.10        0.20       0.11      Missed  -45.4
 This summary was machine generated February 14 at 13:50 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)