AdvancePierre Foods Holdings Inc (NASDAQ:APFH) to Release Quarterly Earnings on Tuesday
AdvancePierre Foods Holdings Inc (NASDAQ:APFH) will issue its quarterly earnings data before the market opens on Tuesday, August 8th. Analysts expect the company to announce earnings of $0.31 per share for the quarter.
AdvancePierre Foods Holdings (NASDAQ:APFH) last posted its quarterly earnings results on Wednesday, May 10th. The company reported $0.31 EPS for the quarter, meeting the consensus estimate of $0.31. The business had revenue of $402.73 million during the quarter, compared to the consensus estimate of $419.87 million. During the same quarter in the prior year, the firm posted $0.34 EPS. The company’s revenue for the quarter was up 2.1% compared to the same quarter last year. On average, analysts expect AdvancePierre Foods Holdings to post $1.33 EPS for the current fiscal year and $1.45 EPS for the next fiscal year.
Shares of AdvancePierre Foods Holdings Inc (APFH) opened at 40.25 on Monday. AdvancePierre Foods Holdings Inc has a 12-month low of $22.99 and a 12-month high of $40.79. The stock has a 50 day moving average of $39.80 and a 200 day moving average of $31.64.
Several research firms have recently commented on APFH. Zacks Investment Research raised shares of AdvancePierre Foods Holdings from a “sell” rating to a “hold” rating in a research note on Monday, May 15th. Wells Fargo & Company lowered shares of AdvancePierre Foods Holdings from an “outperform” rating to a “market perform” rating and set a $40.00 price objective for the company. in a research note on Tuesday, May 9th. Finally, BMO Capital Markets lowered shares of AdvancePierre Foods Holdings from an “outperform” rating to a “market perform” rating and raised their price objective for the company from $34.00 to $40.00 in a research note on Wednesday, April 26th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the company. AdvancePierre Foods Holdings currently has a consensus rating of “Hold” and a consensus target price of $32.00.
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AdvancePierre Foods Holdings Company Profile
AdvancePierre Foods Holdings, Inc is a producer and distributor of ready-to-eat sandwiches, sandwich components and other entrees and snacks. The Company operates through four segments. The Foodservice segment’s portfolio of products includes breakfast sandwiches, peanut butter and jelly sandwiches, Philly steaks, fully cooked hamburger-patties, country-fried steak, stuffed entrees and chicken tenders.
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