Post Hldgs Q1 Adj EPS $1.69 Beats $1.10 Estimate, Sales $1.97B Beat $1.92B Estimate
Portfolio Pulse from bharat@benzinga.com
Post Holdings (NYSE:POST) reported Q1 adjusted EPS of $1.69, surpassing the $1.10 estimate, a 53.64% beat. Quarterly sales reached $1.97B, exceeding the $1.92B estimate by 2.40%, marking a 25.54% increase from last year.
February 01, 2024 | 10:03 pm
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Post Holdings reported a significant beat on both earnings and sales estimates for Q1, with EPS at $1.69 and sales at $1.97B.
The substantial beat on both earnings per share and sales estimates indicates strong company performance and operational efficiency. This outperformance, especially being significantly higher than analyst expectations, is likely to instill investor confidence and could lead to a positive short-term impact on Post Holdings' stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100