Flowers Foods Q2 EPS $0.33 Beats $0.28 Estimate, Sales $1.23B Beat $1.20B Estimate
Portfolio Pulse from Benzinga Newsdesk
Flowers Foods reported Q2 earnings of $0.33 per share, beating the analyst consensus estimate of $0.28 by 17.86%. The company also reported quarterly sales of $1.23 billion, surpassing the analyst consensus estimate of $1.20 billion by 2.33%. Both earnings and sales have increased compared to the same period last year.
August 10, 2023 | 8:11 pm
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POSITIVE IMPACT
Flowers Foods reported better than expected Q2 earnings and sales, which could positively impact its stock price.
Flowers Foods has reported a strong Q2 performance, beating analyst estimates for both earnings per share and sales. This positive financial performance is likely to boost investor confidence and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100