Earnings Preview For B&G Foods
Portfolio Pulse from Benzinga Insights
B&G Foods (NYSE:BGS) is set to release its latest quarterly earnings report on November 8, 2023. Analysts estimate an earnings per share (EPS) of $0.23. The company's past performance shows it beat EPS estimates last quarter, resulting in an 8.06% increase in share price. However, the stock has been down 39.62% over the last 52-week period.
November 07, 2023 | 5:02 pm
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B&G Foods is expected to report an EPS of $0.23 for Q3 2023. The company's stock price increased by 8.06% after beating EPS estimates last quarter, but it has been down 39.62% over the last 52 weeks.
The upcoming earnings report is highly relevant to B&G Foods' stock. While the company beat EPS estimates last quarter, leading to a short-term increase in stock price, the overall trend has been negative over the past year. The impact of the earnings report will depend on whether the company meets or exceeds the EPS estimate and the guidance it provides for future growth.
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