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

TreeHouse Foods

07/08/2023 14:31

* TreeHouse Foods Inc  THS.N  reported quarterly adjusted
earnings
of 42 cents​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of 42 cents per share.
    * Revenue fell 29.6% to $843.60 million from a year ago;
analysts
expected $831.81 million. 
    * TreeHouse Foods Inc's reported EPS for the quarter was 41
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * TreeHouse Foods Inc shares had risen by 3.3% this
quarter and
gained 5.4% so far this year.
    * The company reported quarterly net income of $23.3
million.
    * Wall Street's median 12-month price target for TreeHouse
Foods
Inc is $58.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 7 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.42           0.42           Met
 Mar. 31 2023      0.40           0.68           Beat
 Dec. 31 2022      0.92           0.98           Beat
 Sep. 30 2022      0.16           0.18           Beat