TreeHouse Foods (NYSE:THS) updated its first quarter 2020
Pre-Market earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 0.20-0.30 for the period, compared to the Thomson Reuters consensus estimate of $0.41. The company issued revenue guidance of $980M – 1.02 billion, compared to the consensus revenue estimate of $1.06 billion.TreeHouse Foods also updated its FY 2020
Pre-Market guidance to 2.40-2.65 EPS.

Several research firms have issued reports on THS. Barclays reissued a hold rating on shares of TreeHouse Foods in a report on Sunday, November 10th. William Blair raised TreeHouse Foods from a market perform rating to an outperform rating in a report on Monday, December 2nd. Jefferies Financial Group began coverage on TreeHouse Foods in a report on Wednesday, January 22nd. They set a hold rating and a $52.00 price target for the company. ValuEngine raised TreeHouse Foods from a sell rating to a hold rating in a report on Friday, November 15th. Finally, Zacks Investment Research lowered TreeHouse Foods from a hold rating to a sell rating and set a $48.00 price target for the company. in a report on Monday, January 13th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and five have assigned a buy rating to the company. The stock has an average rating of Hold and a consensus target price of $59.79.

NYSE:THS traded up $0.21 during mid-day trading on Friday, hitting $45.75. 1,129,500 shares of the company traded hands, compared to its average volume of 353,839. The stock’s fifty day moving average price is $46.47 and its 200-day moving average price is $51.00. TreeHouse Foods has a one year low of $43.93 and a one year high of $67.88. The firm has a market cap of $2.60 billion, a price-to-earnings ratio of -6.60, a price-to-earnings-growth ratio of 1.77 and a beta of 0.77. The company has a quick ratio of 0.67, a current ratio of 1.49 and a debt-to-equity ratio of 1.29.

TreeHouse Foods (NYSE:THS) last announced its quarterly earnings data on Thursday, February 13th. The company reported $1.10 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.10. TreeHouse Foods had a positive return on equity of 5.80% and a negative net margin of 7.65%. The business had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same period in the previous year, the business earned $1.03 earnings per share. The business’s revenue was down 4.5% on a year-over-year basis. Equities analysts predict that TreeHouse Foods will post 2.38 EPS for the current year.

In other news, CAO Thomas Emmet Oneill III sold 6,400 shares of the business’s stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $49.11, for a total value of $314,304.00. Following the transaction, the chief accounting officer now directly owns 109,076 shares in the company, valued at $5,356,722.36. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 1.50% of the stock is owned by insiders.

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

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