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Factors to Watch Before Post Holdings' (POST) Q2 Earnings

Zacks Equity Research
·3 min read

Post Holdings, Inc. POST is scheduled to release second-quarter fiscal 2020 results on May 7. The company delivered a negative earnings surprise of 33.3% in the last reported quarter.

The Zacks Consensus Estimate for second-quarter earnings has gone up by 4.6% in the past seven days to 91 cents per share. However, this suggests a decrease of 28.9% from the figure reported in the year-ago quarter. Meanwhile, the consensus mark for revenues stands at $1,413 million, indicating a rise of 1.8% from the year-ago period’s reported figure.

Post Holdings, Inc. Price and EPS Surprise

Post Holdings, Inc. Price and EPS Surprise
Post Holdings, Inc. Price and EPS Surprise

 

 

Post Holdings, Inc. price-eps-surprise | Post Holdings, Inc. Quote

Key Factors to Note

The company has been benefiting from contributions from its buyouts and other efforts to expand the customer base. In this regard, the company’s acquisition of Weetabix Limited (July 2017) has been yielding results. Further, Post Holdings’ acquisition of Bob Evans (Jan 2018) has strengthened its position in the foodservice and refrigerated retail channels. In fact, the company’s foodservice segment has been performing well for the past few quarters and gaining from solid performance in Bob Evans side dishes.

However, the company has been witnessing increasing SG&A expenses, which is concerning. Also, the company recently informed that on Feb 27 a fire broke out at its Michael Foods farm operation in Bloomfield, NE.

What the Zacks Model Unveils

Our proven model does not conclusively predict an earnings beat for Post Holdings this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Post Holdings carries a Zacks Rank #3 and an Earnings ESP of -15.15. You can see the complete list of today’s Zacks #1 Rank stocks here.

Stocks With Favorable Combinations

Here are some companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat.

Hain Celestial HAIN has an Earnings ESP of +9.24% and a Zacks Rank #1.

Smucker SJM has an Earnings ESP of +1.65% and a Zacks Rank #1.

Flowers Foods FLO has an Earnings ESP of +7.77% and a Zacks Rank #2.

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Post Holdings, Inc. (POST) : Free Stock Analysis Report
 
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Zacks Investment Research