TreeHouse Foods (THS) Set to Announce Earnings on Monday

TreeHouse Foods (NYSE:THSGet Rating) will post its quarterly earnings results before the market opens on Monday, August 8th. Analysts expect TreeHouse Foods to post earnings of ($0.17) per share for the quarter. TreeHouse Foods has set its FY 2022 guidance at EPS.Individual that are interested in registering for the company’s earnings conference call can do so using this link.

TreeHouse Foods (NYSE:THSGet Rating) last released its quarterly earnings data on Monday, May 9th. The company reported ($0.15) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.55) by $0.40. TreeHouse Foods had a negative net margin of 0.39% and a positive return on equity of 2.03%. The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.09 billion. During the same period last year, the firm earned $0.36 earnings per share. The company’s quarterly revenue was up 7.9% on a year-over-year basis. On average, analysts expect TreeHouse Foods to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

TreeHouse Foods Price Performance

NYSE THS opened at $43.42 on Monday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 0.49 and a current ratio of 1.18. The firm’s 50 day moving average price is $41.53 and its 200-day moving average price is $37.81. TreeHouse Foods has a 52-week low of $29.47 and a 52-week high of $45.28. The company has a market cap of $2.43 billion, a PE ratio of -144.73 and a beta of 0.40.

Analyst Ratings Changes

A number of research firms have issued reports on THS. TheStreet raised shares of TreeHouse Foods from a “d+” rating to a “c-” rating in a report on Tuesday, May 24th. Truist Financial raised shares of TreeHouse Foods from a “hold” rating to a “buy” rating and raised their price target for the stock from $35.00 to $50.00 in a report on Monday, May 23rd. Two analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, TreeHouse Foods currently has an average rating of “Moderate Buy” and a consensus price target of $45.00.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. MetLife Investment Management LLC raised its holdings in shares of TreeHouse Foods by 52.8% during the first quarter. MetLife Investment Management LLC now owns 28,727 shares of the company’s stock worth $927,000 after purchasing an additional 9,923 shares during the last quarter. Engineers Gate Manager LP grew its position in TreeHouse Foods by 125.9% during the first quarter. Engineers Gate Manager LP now owns 25,921 shares of the company’s stock valued at $836,000 after buying an additional 14,446 shares during the period. Guggenheim Capital LLC grew its position in TreeHouse Foods by 13.3% during the first quarter. Guggenheim Capital LLC now owns 23,899 shares of the company’s stock valued at $771,000 after buying an additional 2,811 shares during the period. Verition Fund Management LLC acquired a new stake in TreeHouse Foods during the first quarter valued at $618,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in TreeHouse Foods during the first quarter valued at $590,000.

TreeHouse Foods Company Profile

(Get Rating)

TreeHouse Foods, Inc manufactures and distributes private label foods and beverages in the United States and internationally. It operates through two segments, Meal Preparation, and Snacking & Beverages. The Meal Preparation segment provides aseptic cheese and pudding products; baking and mix powders; hot cereals; jams, preserves, and jellies; liquid and powdered non-dairy creamers; macaroni and cheese; mayonnaise; Mexican, barbeque, and other sauces; pastas; pickles and related products; powdered soups and gravies; refrigerated and shelf stable dressings and sauces; refrigerated dough; single serve hot beverages; skillet dinners; and table and flavored syrups.

See Also

Earnings History for TreeHouse Foods (NYSE:THS)

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