Treehouse Foods Q3 Adj EPS $0.50 Misses $0.53 Estimate
Portfolio Pulse from Benzinga Newsdesk
Treehouse Foods reported Q3 adjusted earnings of $0.50 per share, missing the analyst consensus estimate of $0.53 by 5.66%. However, this represents a 177.78% increase over earnings of $0.18 per share from the same period last year.
November 06, 2023 | 12:00 pm
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Treehouse Foods' Q3 earnings per share of $0.50 missed the consensus estimate of $0.53, but showed a significant YoY increase.
While Treehouse Foods missed the consensus estimate for Q3 earnings, the significant YoY increase could be seen as a positive sign of growth. The impact on the stock price could be neutral in the short term as the market weighs the earnings miss against the YoY growth.
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