* Simply Good Foods Co reported quarterly adjusted earnings of 49 cents per share for the quarter ended November 30, higher than the same quarter last year, when the company reported EPS of 43 cents. The mean expectation of eleven analysts for the quarter was for earnings of 46 cents per share. Wall Street expected results to range from 42 cents to 48 cents per share.
* Revenue rose 10.6% to $341.27 million from a year ago; analysts expected $347.37 million.
* Simply Good Foods Co's reported EPS for the quarter was 38 cents.
* The company reported quarterly net income of $38.12 million.
* Simply Good Foods Co shares had fallen by 5.7% this quarter.
FORECAST CHANGES
* The mean earnings estimate of analysts had risen by about 2.6% in the last three months.
* In the last 30 days, two analysts negatively revised earnings estimates
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the food processing peer group is also "buy"
Wall Street's median 12-month price target for Simply Good Foods Co is $39.00 This summary was machine generated from LSEG data January 8 at 02:30 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Nov. 30 2024 0.46 0.49 Beat
Aug. 31 2024 0.50 0.50 Met
May. 31 2024 0.48 0.50 Beat
Feb. 29 2024 0.38 0.40 Beat
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