Flowers Foods (FLO) Set to Announce Quarterly Earnings on Thursday
Flowers Foods (NYSE:FLO) will be announcing its earnings results on Thursday, February 6th. Persons interested in participating in the company’s earnings conference call can do so using this link.
Flowers Foods (NYSE:FLO) last issued its quarterly earnings data on Thursday, November 7th. The company reported $0.18 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.21 by $0.03. The company had revenue of $878.50 million for the quarter, compared to the consensus estimate of $885.72 million. During the same quarter in the prior year, the company posted $0.25 earnings per share. The company’s quarterly revenue was up 22.5% on a year-over-year basis. On average, analysts expect Flowers Foods to post $0.91 EPS for the current fiscal year and $1.07 EPS for the next fiscal year.
FLO has been the subject of a number of recent research reports. Analysts at Ned Davis Research downgraded shares of Flowers Foods from a “buy” rating to a “neutral” rating in a research note to investors on Monday, November 11th. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Flowers Foods in a research note to investors on Friday, November 8th. They now have a $26.00 price target on the stock. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the stock. Flowers Foods currently has an average rating of “Hold” and a consensus price target of $27.60.
Flowers Foods, Inc (NYSE:FLO) is a producer and marketer of bakery products in the United States.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.