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TreeHouse Foods Inc. (NYSE:THS) updated its FY14 earnings guidance on Thursday. The company provided EPS guidance of $3.50-3.60 for the period, compared to the Thomson Reuters consensus EPS estimate of $3.60, AnalystRatings.NET reports. The company issued revenue guidance of +9-10% to ~$2.50-2.52 billion, compared to the consensus revenue estimate of $2.54 billion.TreeHouse Foods also updated its Q1 guidance to $0.77-0.80 EPS.

TreeHouse Foods Inc. (NYSE:THS) traded up 6.65% during mid-day trading on Thursday, hitting $69.13. The stock had a trading volume of 242,120 shares. TreeHouse Foods Inc. has a 1-year low of $52.80 and a 1-year high of $75.86. The stock’s 50-day moving average is $66.69 and its 200-day moving average is $69.01. The company has a market cap of $2.517 billion and a P/E ratio of 27.02.

TreeHouse Foods (NYSE:THS) last issued its quarterly earnings data on Thursday, February 13th. The company reported $0.98 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.91 by $0.07. The company had revenue of $660.30 million for the quarter, compared to the consensus estimate of $657.32 million. During the same quarter in the prior year, the company posted $0.86 earnings per share. The company’s quarterly revenue was up 11.4% on a year-over-year basis. On average, analysts predict that TreeHouse Foods Inc. will post $3.11 earnings per share for the current fiscal year.

On a related note, analysts at Jefferies Group reiterated a hold rating on shares of TreeHouse Foods in a research note on Wednesday, November 27th. They now have a $69.00 price target on the stock, down previously from $72.00. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the stock. The company has an average rating of Hold and a consensus price target of $72.13.

TreeHouse Foods, Inc (NYSE:THS) is a food manufacturer servicing the retail grocery and foodservice distribution channels.

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