Treehouse Foods Q2 2024 Adj. EPS From Continuing Operations $0.29 Beats $0.13 Estimate, Sales $788.500M Beat $783.649M Estimate
Portfolio Pulse from Benzinga Newsdesk
Treehouse Foods (NYSE:THS) reported Q2 2024 adjusted EPS of $0.29, beating the estimate of $0.13 by 123.08%. Sales were $788.5M, surpassing the $783.649M estimate but down 6.53% from last year's $843.6M.
August 05, 2024 | 10:57 am
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Treehouse Foods reported Q2 2024 adjusted EPS of $0.29, significantly beating the analyst estimate of $0.13. Sales were $788.5M, slightly above the $783.649M estimate but down 6.53% from the same period last year.
The significant beat on EPS and slight beat on sales estimates are positive indicators for Treehouse Foods. Despite a year-over-year sales decline, the strong EPS performance is likely to boost investor confidence in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100