TreeHouse Foods (THS) to Release Quarterly Earnings on Monday

TreeHouse Foods (NYSE:THS) will issue its quarterly earnings data before the market opens on Monday, May 6th. Analysts expect the company to announce earnings of ($0.02) per share for the quarter. TreeHouse Foods has set its FY 2024 guidance at EPS and its Q1 2024 guidance at EPS.Parties that are interested in participating in the company’s conference call can do so using this link.

TreeHouse Foods (NYSE:THS) last announced its earnings results on Friday, February 16th. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.06. TreeHouse Foods had a net margin of 1.51% and a return on equity of 8.09%. The firm had revenue of $910.60 million for the quarter, compared to analyst estimates of $924.87 million. During the same quarter last year, the business earned $0.98 earnings per share. TreeHouse Foods’s revenue was down 8.6% compared to the same quarter last year. On average, analysts expect TreeHouse Foods to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

TreeHouse Foods Stock Down 0.2 %

Shares of NYSE THS opened at $35.84 on Monday. TreeHouse Foods has a 1 year low of $34.76 and a 1 year high of $55.30. The firm’s 50 day moving average price is $36.98 and its 200 day moving average price is $39.73. The firm has a market cap of $1.93 billion, a P/E ratio of 37.73 and a beta of 0.35. The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.74 and a current ratio of 1.50.

Analyst Ratings Changes

Separately, Truist Financial lowered shares of TreeHouse Foods from a “buy” rating to a “hold” rating and decreased their target price for the stock from $45.00 to $35.00 in a research report on Tuesday, February 20th. Six analysts have rated the stock with a hold rating, According to data from MarketBeat.com, TreeHouse Foods presently has an average rating of “Hold” and a consensus target price of $46.67.

About TreeHouse Foods

TreeHouse Foods, Inc manufactures and distributes private brands snacks and beverages in the United States and internationally. The company provides snacking products, such as crackers, pretzels, in-store bakery items, frozen griddle items, cookies, and candies; and beverage and drink mixes, including non-dairy creamer, coffee, broths/stocks, powdered beverages and other blends, tea, and ready-to-drink-beverages.