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Flowers Foods: 4Q Earnings Snapshot

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THOMASVILLE, Ga. (AP) _ Flowers Foods Inc. (FLO) on Thursday reported fourth-quarter profit of $55.8 million.

The Thomasville, Georgia-based company said it had net income of 26 cents per share. Earnings, adjusted for non-recurring costs, were 28 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 24 cents per share.

The bakery goods company posted revenue of $1.02 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $998.1 million.

For the year, the company reported profit of $152.3 million, or 72 cents per share. Revenue was reported as $4.39 billion.

Flowers Foods expects full-year earnings to be $1.07 to $1.17 per share, with revenue in the range of $4.21 billion to $4.3 billion.

Flowers Foods shares have fallen 1% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $22.37, decreasing slightly in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on FLO at https://www.zacks.com/ap/FLO