Recap: Flowers Foods Q4 Earnings
Portfolio Pulse from Benzinga Insights
Flowers Foods (NYSE:FLO) reported Q4 earnings with an EPS of $0.2, missing estimates by 4.76% against an expected $0.21. Revenue increased by $46.00 million from the previous year. The company's past earnings performance shows mixed results, with a notable 6.9% drop in share price following last quarter's earnings beat.
February 08, 2024 | 9:20 pm
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Flowers Foods reported a Q4 EPS of $0.2, missing estimates by 4.76%, with a revenue increase of $46M from last year. Past performance shows volatility post-earnings.
The miss on estimated earnings by 4.76% could lead to negative investor sentiment in the short term, especially considering the company's history of share price volatility post-earnings. The revenue increase may not fully offset the negative impact of the earnings miss.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100