TreeHouse Foods (THS) Posts Quarterly Results
TreeHouse Foods (NYSE:THS) released its earnings data on Thursday. The company reported $0.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.91 by $0.07, AnalystRatingsNetwork reports. The company had revenue of $660.30 million for the quarter, compared to the consensus estimate of $657.32 million.
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 assigned a buy rating to the company’s stock. TreeHouse Foods currently has a consensus rating of “Hold” and an average target price of $72.13.
TreeHouse Foods, Inc (NYSE:THS) is a food manufacturer servicing the retail grocery and foodservice distribution channels.
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