- Wednesday, October 16, 2024
Post Holdings is set to announce its earnings for the fiscal fourth quarter after the market closes on Thursday. Here are the key details:
Revenue Expectations
According to FactSet, Post Holdings is projected to record revenue of $1.94 billion for the three months ending on September 30. This is an increase from the reported revenue of $1.58 billion for the same period last year.
Adjusted Earnings per Share
FactSet estimates that Post Holdings' earnings per share will be $1.34 after excluding one-time items.
What to Watch For
Supply Chain Issues
Investors will closely monitor any updates on the company's supply chain disruptions, which have led to higher manufacturing costs and affected customer order fulfillment rates.
Expenses
Market observers will also pay attention to comments regarding the company's selling, general, and administrative expenses, particularly following its acquisition of J.M. Smucker's pet food business.
Outlook
Post Holdings' outlook for the future will be of great interest. In August, the company raised its outlook for the fiscal year, predicting a range of $1.18 billion to $1.20 billion for fiscal adjusted EBITDA.
All Rights Reserved © 2024
Post a comment