Flowers Foods Q3 Adj. EPS $0.29 vs $0.28 Est., Sales $1.199B vs $1.213B Est.
Portfolio Pulse from Benzinga Newsdesk
Flowers Foods reported Q3 adjusted EPS of $0.29, beating estimates of $0.28. However, sales were $1.199B, slightly below the estimated $1.213B.
November 09, 2023 | 10:02 pm
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Flowers Foods reported better-than-expected Q3 earnings per share but missed on sales.
Flowers Foods' Q3 earnings beat estimates, which could positively impact the stock. However, the company missed sales estimates, which could have a negative effect. The net impact is likely to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100