Flowers Foods (FLO) Projected to Post Earnings on Friday

Flowers Foods (NYSE:FLOGet Free Report) is anticipated to issue its quarterly earnings data before the market opens on Friday, February 7th. Analysts expect the company to announce earnings of $0.22 per share and revenue of $1.13 billion for the quarter. Flowers Foods has set its FY24 guidance at $1.24-1.28 EPS and its FY 2024 guidance at 1.240-1.280 EPS.Persons interested in listening to the company’s earnings conference call can do so using this link.

Flowers Foods (NYSE:FLOGet Free Report) last announced its earnings results on Friday, November 8th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.30 by $0.03. The company had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.20 billion. Flowers Foods had a return on equity of 19.41% and a net margin of 4.70%. The firm’s revenue for the quarter was down .7% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.29 EPS. On average, analysts expect Flowers Foods to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Flowers Foods Trading Up 0.7 %

Shares of FLO stock opened at $19.70 on Friday. Flowers Foods has a fifty-two week low of $18.90 and a fifty-two week high of $26.12. The company has a debt-to-equity ratio of 0.75, a quick ratio of 0.95 and a current ratio of 1.24. The stock has a 50 day simple moving average of $20.81 and a two-hundred day simple moving average of $22.00. The company has a market cap of $4.15 billion, a P/E ratio of 17.28, a PEG ratio of 3.82 and a beta of 0.39.

Flowers Foods Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 13th. Stockholders of record on Friday, November 29th were paid a $0.24 dividend. The ex-dividend date of this dividend was Friday, November 29th. This represents a $0.96 annualized dividend and a dividend yield of 4.87%. Flowers Foods’s dividend payout ratio is currently 84.21%.

Wall Street Analyst Weigh In

Separately, StockNews.com cut shares of Flowers Foods from a “strong-buy” rating to a “buy” rating in a report on Friday, December 20th.

Get Our Latest Stock Report on Flowers Foods

About Flowers Foods

(Get Free Report)

Flowers Foods, Inc produces and markets packaged bakery food products in the United States. Its principal products include fresh breads, buns, rolls, snack items, bagels, English muffins, and tortillas, as well as frozen breads and rolls under the Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Mrs.

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Earnings History for Flowers Foods (NYSE:FLO)

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