Flowers Foods Sees FY24 Adj. EPS $1.20-$1.30 Vs $1.24 Est.; Sales $5.091B-$5.172B Vs $5.16B est.
Portfolio Pulse from Benzinga Newsdesk
Flowers Foods has provided its financial guidance for FY24, projecting adjusted EPS between $1.20 and $1.30, compared to the consensus estimate of $1.24. The company also expects sales to be in the range of $5.091 billion to $5.172 billion, versus the estimated $5.16 billion.
May 16, 2024 | 8:13 pm
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Flowers Foods has provided its FY24 financial guidance, with adjusted EPS expected to be between $1.20 and $1.30, compared to the consensus estimate of $1.24. Sales are projected to be in the range of $5.091 billion to $5.172 billion, versus the estimated $5.16 billion.
The guidance provided by Flowers Foods is close to the consensus estimates for both EPS and sales. This suggests a neutral short-term impact on the stock price as the projections are in line with market expectations.
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IMPORTANCE 70
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