Post Hldgs Q3 2024 Adj. EPS $1.54 Beats $1.25 Estimate, Sales $1.947B Miss $2.020B Estimate
Portfolio Pulse from Benzinga Newsdesk
Post Holdings (NYSE:POST) reported Q3 2024 adjusted EPS of $1.54, beating the $1.25 estimate, but sales of $1.947 billion missed the $2.020 billion estimate. EPS increased by 1.32% year-over-year, while sales grew by 4.73%.
August 01, 2024 | 9:01 pm
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Post Holdings reported Q3 2024 adjusted EPS of $1.54, beating the $1.25 estimate by 23.2%. However, sales of $1.947 billion missed the $2.020 billion estimate by 3.59%. EPS increased by 1.32% year-over-year, while sales grew by 4.73%.
The beat on EPS is a positive indicator and shows strong profitability, which is likely to boost investor confidence. However, the miss on sales could temper some of the enthusiasm. Overall, the positive EPS surprise is likely to have a more significant short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100