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B&G Foods: Q4 Earnings Insights

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Shares of B&G Foods (NYSE:BGS) decreased in after-market trading after the company reported Q4 results.

Quarterly Results

Earnings per share were up 25.00% over the past year to $0.35, which missed the estimate of $0.44.

Revenue of $510,241,000 higher by 8.52% year over year, which missed the estimate of $531,120,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

The upcoming fiscal year's revenue expected to be between $2,050,000,000 and $2,100,000,000.

Conference Call Details

Date: Mar 02, 2021

View more earnings on BGS

Time: 04:30 PM

ET Webcast URL: https://edge.media-server.com/mmc/p/t9uqr7s5

Price Action

52-week high: $47.84

Company's 52-week low was at $10.39

Price action over last quarter: down 0.28%

Company Overview

B&G Foods Inc is an American packaged-food manufacturer. The company sells its products in United States, Canada, and Puerto Rico. The company's main brands are: Ac'cent, B&G, B&M, Baker's Joy, Bear Creek Country Kitchens, Cary's, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Durkee, Emeril's, Grandma's Molasses, MacDonald's, Mama Mary's, Maple Grove Farms, Regina, Sa-son, Sclafani, Smart Puffs, Spice Islands, Spring Tree, and Wright's. The company distributes its products through multiple channels to supermarkets, wholesalers, mass merchants, warehouse clubs, and foodservice distributors, among others.

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