Brokers Set Expectations for Premier Foods plc’s FY2024 Earnings (OTCMKTS:PRRFY)

Premier Foods plc (OTCMKTS:PRRFY – Get Rating) – Research analysts at Jefferies Financial Group decreased their FY2024 earnings per share (EPS) estimates for shares of Premier Foods in a note issued to investors on Thursday, May 12th. Jefferies Financial Group analyst M. Deboo now anticipates that the company will post earnings of $0.78 per share for the year, down from their prior forecast of $0.81.

Separately, Zacks Investment Research downgraded Premier Foods from a “buy” rating to a “hold” rating in a research report on Tuesday, April 5th.

Shares of OTCMKTS:PRRFY remained flat at $$6.71 during midday trading on Friday. The company has a current ratio of 0.67, a quick ratio of 0.33 and a debt-to-equity ratio of 0.28. Premier Foods has a fifty-two week low of $6.71 and a fifty-two week high of $8.28. The business has a 50-day moving average price of $7.24 and a two-hundred day moving average price of $7.36.

About Premier Foods (Get Rating)

Premier Foods plc, together with its subsidiaries, manufactures and distributes branded and own label food products in the United Kingdom, other European countries, and internationally. It operates through Grocery, Sweet Treats, and International segments. The company offers a portfolio of product categories, including flavorings and seasonings under the Bisto, OXO, and Paxo brands; cooking sauces and accompaniments under the Sharwood's, Loyd Grossman, and Homepride brands; and quick meals, snacks, and soups under the Batchelors and Smash brands.

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