TreeHouse Foods Inc reports results for the quarter ended in January - Earnings Summary

TreeHouse Foods

06/05/2024 14:32

* TreeHouse Foods Inc  THS.N  reported a quarterly adjusted
loss
of 3 cents​​ per share for the quarter ended in January, lower
than the same quarter last year, when the company reported EPS
of 68 cents.  The mean expectation of eight analysts for the
quarter was for a loss of one cent per share. Wall Street
expected results to range from -4 cents to 4 cents per share.
    * Revenue fell 8.3% to $820.70 million from a year ago;
analysts
expected $797.18 million. 
    * TreeHouse Foods Inc's reported EPS for the quarter was a
loss
of 22 cents​.
    * The company reported a quarterly loss of $11.7 million.
    * TreeHouse Foods Inc shares had fallen by 4.3% this
quarter and
lost 10.1% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 101.9% 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 "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for TreeHouse
Foods
Inc is $39.00 

This summary was machine generated from LSEG data May 6 at 01:31
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
 Mar. 31 2024      -0.01          -0.03          Missed
 Dec. 31 2023      0.73           0.77           Beat
 Sep. 30 2023      0.53           0.57           Beat
 Jun. 30 2023      0.42           0.42           Met