Wall Street brokerages predict that TreeHouse Foods Inc. (NYSE:THS) will post earnings per share (EPS) of $0.11 for the current fiscal quarter, Zacks Investment Research reports. Five analysts have provided estimates for TreeHouse Foods’ earnings, with the lowest EPS estimate coming in at $0.07 and the highest estimate coming in at $0.15. TreeHouse Foods reported earnings per share of $0.18 in the same quarter last year, which suggests a negative year over year growth rate of 38.9%. The company is expected to issue its next quarterly earnings results on Thursday, May 2nd.

On average, analysts expect that TreeHouse Foods will report full year earnings of $2.54 per share for the current year, with EPS estimates ranging from $2.42 to $2.59. For the next financial year, analysts anticipate that the firm will post earnings of $3.06 per share, with EPS estimates ranging from $2.85 to $3.36. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research analysts that that provide coverage for TreeHouse Foods.

TreeHouse Foods (NYSE:THS) last released its quarterly earnings data on Thursday, February 14th. The company reported $1.03 earnings per share for the quarter, topping the consensus estimate of $0.96 by $0.07. The business had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.50 billion. TreeHouse Foods had a positive return on equity of 5.66% and a negative net margin of 1.06%. The company’s revenue was down 11.3% compared to the same quarter last year. During the same period last year, the company posted $1.02 EPS.

Several analysts have recently commented on the company. Credit Suisse Group raised their target price on TreeHouse Foods from $45.00 to $50.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 12th. BMO Capital Markets raised their target price on TreeHouse Foods from $45.00 to $50.00 and gave the stock a “market perform” rating in a research report on Wednesday, December 12th. SunTrust Banks raised their target price on TreeHouse Foods to $50.00 and gave the stock a “hold” rating in a research report on Wednesday, December 12th. Zacks Investment Research reaffirmed a “sell” rating on shares of TreeHouse Foods in a research report on Friday, November 16th. Finally, ValuEngine raised TreeHouse Foods from a “hold” rating to a “buy” rating in a research report on Wednesday, November 21st. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company’s stock. TreeHouse Foods has a consensus rating of “Hold” and an average price target of $51.92.

Several large investors have recently made changes to their positions in the stock. Bessemer Group Inc. raised its holdings in shares of TreeHouse Foods by 34.8% during the fourth quarter. Bessemer Group Inc. now owns 778 shares of the company’s stock worth $39,000 after acquiring an additional 201 shares in the last quarter. Arizona State Retirement System raised its holdings in shares of TreeHouse Foods by 0.6% during the fourth quarter. Arizona State Retirement System now owns 40,191 shares of the company’s stock worth $2,038,000 after acquiring an additional 254 shares in the last quarter. Diversified Trust Co raised its holdings in shares of TreeHouse Foods by 2.8% during the fourth quarter. Diversified Trust Co now owns 10,740 shares of the company’s stock worth $545,000 after acquiring an additional 295 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of TreeHouse Foods by 10.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,957 shares of the company’s stock worth $201,000 after acquiring an additional 380 shares in the last quarter. Finally, CX Institutional purchased a new stake in shares of TreeHouse Foods during the fourth quarter worth $27,000.

Shares of TreeHouse Foods stock traded up $0.81 during midday trading on Friday, hitting $60.49. The company’s stock had a trading volume of 12,880 shares, compared to its average volume of 706,200. The stock has a market cap of $3.28 billion, a PE ratio of 27.47, a price-to-earnings-growth ratio of 2.13 and a beta of 0.54. The company has a quick ratio of 0.69, a current ratio of 1.70 and a debt-to-equity ratio of 1.07. TreeHouse Foods has a 1-year low of $36.43 and a 1-year high of $61.48.

About TreeHouse Foods

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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Earnings History and Estimates for TreeHouse Foods (NYSE:THS)

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