Flowers Foods Q2 2024 Adj EPS $0.36 Beats $0.33 Estimate, Sales $1.225B Miss $1.24B Estimate
Portfolio Pulse from Benzinga Newsdesk
Flowers Foods (NYSE:FLO) reported Q2 2024 adjusted EPS of $0.36, beating the analyst estimate of $0.33. However, sales of $1.225 billion missed the $1.24 billion estimate.
August 16, 2024 | 11:16 am
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Flowers Foods reported Q2 2024 adjusted EPS of $0.36, beating the analyst estimate of $0.33. However, sales of $1.225 billion missed the $1.24 billion estimate.
The positive EPS surprise is offset by the slight miss in sales. Investors may have mixed reactions, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100