Treehouse Foods, Inc. (NYSE:THS) is reporting third quarter earnings results on Thursday 5th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.61 per share.
For the full year, analysts predict revenues of $ 4343.19 million, while looking forward to income of $ 2.67 per share.
The Company Outlook
Earnings for 3Q20 are anticipated in a range of $ 0.55 ~ $ 0.65 per share, while revenues are expected in a range of $ 1,040.00 million ~ $ 1,080.00 million
Full Year 2020 topline are forecasted in a range of$ 4,400.00 million ~ $ 4,400.00 million, where as bottomline are predicted in a range of $ 2.55 ~ $ 2.75 per share
Click Here For More Historical Outlooks Of Treehouse Foods, Inc.
Previous Quarter Performance
Treehouse Foods, Inc. reported income for the second quarter of $ 0.58 per share, from the revenue of $ 1,042.00 million. Wall street analysts are predicting, THS to report 2Q20 income of $ 0.48 per share from revenue of $ 1070.00 million. The bottom line results beat street analysts by $ 0.1 or 20.83 percent, at the same time, top line results fell short of analysts by $ 28 million or 2.62 percent.
Stock Performance
Shares of Treehouse Foods, Inc. traded low $ -1.34 or -3.35 percent on Wednesday, reaching $ 38.61 with volume of 558.20 thousand shares. Treehouse Foods, Inc. has traded high as $ 39.85 and has cracked $ 38.27 on the downward trend
The closing price of $ 38.61, representing a 19.25 % increase from the 52 week low of $ 33.50 and a 28.2 % decrease over the 52 week high of $ 55.64.
The company has a market capital of $ 2.18 billion and is part of the Consumer Defensive sector and Packaged Foods industry.
Conference Call
Treehouse Foods, Inc. will be hosting a conference call at 8:30 AM eastern time on 5th November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.treehousefoods.com
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.
