Nomad Foods Q3 Adj. EPS $0.46 Beats $0.41 Estimate, Sales $831.58M Beat $802.26M Estimate
Portfolio Pulse from Benzinga Newsdesk
Nomad Foods reported Q3 adjusted earnings of $0.46 per share, beating the analyst consensus estimate of $0.41 by 12.2%. However, this is a 11.54% decrease from the same period last year. The company also reported quarterly sales of $831.58 million, beating the analyst consensus estimate of $802.26 million by 3.65%, and marking an 8.59% increase from the same period last year.
November 09, 2023 | 12:01 pm
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Nomad Foods reported better than expected Q3 earnings and sales. However, the earnings per share decreased compared to the same period last year.
Nomad Foods reported better than expected earnings and sales for Q3, which is generally a positive signal for the stock. However, the decrease in earnings per share compared to the same period last year might temper the positive impact.
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