Flowers Foods Q4 2023 Adj EPS $0.20 Misses $0.21 Estimate, Sales $1.13B Inline
Portfolio Pulse from Benzinga Newsdesk
Flowers Foods reported Q4 2023 adjusted EPS of $0.20, missing the consensus estimate of $0.21, a 13.04% decrease from the previous year. Sales were $1.13B, in line with estimates, marking a 4.25% increase from the previous year.
February 08, 2024 | 9:17 pm
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Flowers Foods reported a Q4 2023 adjusted EPS of $0.20, missing estimates by 4.76%, with a 13.04% YOY decrease. Sales were $1.13B, meeting estimates and showing a 4.25% YOY increase.
Missing the EPS estimate could negatively impact investor sentiment and stock price in the short term, despite sales meeting expectations and showing growth. The decrease in EPS year-over-year further compounds concerns about profitability.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100