TreeHouse Foods (THS) Updates Q2 Earnings Guidance
TreeHouse Foods (NYSE:THS) issued an update on its second quarter earnings guidance on Thursday morning. The company provided earnings per share guidance of $0.25 to $0.35 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.41. The company issued revenue guidance of $1.25 billion to $1.31 billion, compared to the consensus revenue estimate of $1.35 billion.TreeHouse Foods also updated its Q2 2019 guidance to $0.25-0.35 EPS.
NYSE:THS opened at $56.50 on Thursday. The company has a current ratio of 1.70, a quick ratio of 0.69 and a debt-to-equity ratio of 1.07. The stock has a market capitalization of $3.75 billion, a PE ratio of 25.68, a price-to-earnings-growth ratio of 2.42 and a beta of 0.56. TreeHouse Foods has a twelve month low of $36.43 and a twelve month high of $67.88.
TreeHouse Foods (NYSE:THS) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.13 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.01. The firm had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.31 billion. TreeHouse Foods had a negative net margin of 1.06% and a positive return on equity of 5.66%. The company’s revenue for the quarter was down 12.2% on a year-over-year basis. During the same period last year, the firm posted $0.18 earnings per share. On average, research analysts anticipate that TreeHouse Foods will post 2.57 earnings per share for the current year.
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TreeHouse Foods Company Profile
TreeHouse Foods, Inc operates as a food and beverage manufacturer in the United States, Canada, and Italy. The company operates through Baked Goods, Beverages, Condiments, Meals, and Snacks segments. The Baked Goods segment offers candies, cookies, crackers, in-store bakery products, pita chips, pretzels, refrigerated dough, retail griddle waffles, pancakes, and French toasts.
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