Treehouse Foods Q4 Adj. EPS $0.77 Beats $0.73 Estimate, Sales $910.80M Miss $925.44M Estimate
Portfolio Pulse from Benzinga Newsdesk
Treehouse Foods (NYSE:THS) reported Q4 adjusted EPS of $0.77, surpassing the $0.73 estimate, but its sales of $910.80M fell short of the expected $925.44M. This reflects a 21.43% decrease in earnings and an 8.57% decrease in sales from the same period last year.
February 16, 2024 | 12:03 pm
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Treehouse Foods reported a mixed Q4 with earnings beating estimates but sales missing expectations, indicating a year-over-year decline in both metrics.
The mixed results with an earnings beat but a miss on sales could lead to neutral short-term stock price movement. Investors might be encouraged by the earnings beat, but concerned about the sales miss and year-over-year declines.
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