$1.12 EPS Expected for Post Holdings Inc (POST) This Quarter
Analysts expect that Post Holdings Inc (NYSE:POST) will report earnings of $1.12 per share for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Post’s earnings, with the lowest EPS estimate coming in at $1.06 and the highest estimate coming in at $1.22. Post posted earnings per share of $0.55 in the same quarter last year, which suggests a positive year over year growth rate of 103.6%. The firm is scheduled to report its next earnings results on Monday, May 14th.
On average, analysts expect that Post will report full year earnings of $4.52 per share for the current year, with EPS estimates ranging from $4.46 to $4.60. For the next fiscal year, analysts expect that the firm will post earnings of $5.77 per share, with EPS estimates ranging from $5.56 to $5.98. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research analysts that cover Post.
Post (NYSE:POST) last announced its earnings results on Thursday, February 1st. The company reported $0.88 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.92 by ($0.04). Post had a net margin of 4.54% and a return on equity of 7.90%. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same quarter last year, the business earned $0.62 EPS. The firm’s revenue for the quarter was up 14.7% compared to the same quarter last year.
In other news, Director William P. Stiritz bought 100,000 shares of Post stock in a transaction on Monday, February 12th. The shares were bought at an average cost of $71.99 per share, with a total value of $7,199,000.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Jeff A. Zadoks bought 1,353 shares of Post stock in a transaction on Tuesday, February 6th. The shares were purchased at an average cost of $73.30 per share, for a total transaction of $99,174.90. Following the completion of the purchase, the chief financial officer now directly owns 7,668 shares of the company’s stock, valued at $562,064.40. The disclosure for this purchase can be found here. Over the last three months, insiders bought 104,073 shares of company stock worth $7,498,693. Insiders own 7.40% of the company’s stock.
Hedge funds have recently modified their holdings of the business. Gabelli Funds LLC raised its stake in Post by 1.4% during the third quarter. Gabelli Funds LLC now owns 593,300 shares of the company’s stock worth $52,371,000 after purchasing an additional 8,300 shares during the period. Dimensional Fund Advisors LP raised its stake in Post by 3.6% during the third quarter. Dimensional Fund Advisors LP now owns 2,273,861 shares of the company’s stock worth $200,704,000 after purchasing an additional 78,669 shares during the period. Swiss National Bank raised its stake in Post by 3.7% during the third quarter. Swiss National Bank now owns 110,900 shares of the company’s stock worth $9,789,000 after purchasing an additional 4,000 shares during the period. Stifel Financial Corp raised its stake in Post by 5.3% during the third quarter. Stifel Financial Corp now owns 157,967 shares of the company’s stock worth $13,971,000 after purchasing an additional 7,970 shares during the period. Finally, Engineers Gate Manager LP purchased a new position in Post during the third quarter worth about $4,463,000.
Shares of Post (NYSE:POST) opened at $77.64 on Friday. Post has a 52-week low of $71.06 and a 52-week high of $89.04. The stock has a market cap of $5,235.87, a PE ratio of 26.41, a PEG ratio of 1.20 and a beta of -0.03. The company has a debt-to-equity ratio of 2.47, a current ratio of 4.05 and a quick ratio of 3.27.
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Post Holdings, Inc is a consumer packaged goods holding company. The Company operates through four segments, namely, Post Consumer Brands, Michael Foods Group, Active Nutrition and Private Brands. The Company’s Post Consumer Brands segment includes the Post Foods branded ready-to-eat cereal operations and the business of MOM Brands.
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