B&G Foods Sees FY24 Adj. EPS $0.70-$0.90 vs $0.81 Est., Net Sales $1.945B-$1.970B vs $1.95B Est.
Portfolio Pulse from Benzinga Newsdesk
B&G Foods has provided its financial outlook for FY24, projecting adjusted EPS between $0.70 and $0.90, compared to the estimated $0.81. The company also expects net sales to range from $1.945 billion to $1.970 billion, aligning closely with the estimated $1.95 billion.
August 06, 2024 | 9:04 pm
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B&G Foods has provided its FY24 financial outlook, with adjusted EPS expected to be between $0.70 and $0.90, compared to the estimated $0.81. Net sales are projected to be in the range of $1.945 billion to $1.970 billion, close to the estimated $1.95 billion.
The projected adjusted EPS range is slightly below the estimate at the lower end but exceeds it at the higher end, indicating mixed sentiment. The net sales projection aligns closely with estimates, suggesting stability in revenue expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100