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Post Holdings: Fiscal 3Q Earnings Snapshot

ST. LOUIS (AP) _ Post Holdings Inc. (POST) on Thursday reported fiscal third-quarter net income of $16.2 million.

On a per-share basis, the St. Louis-based company said it had profit of 21 cents. Earnings, adjusted for non-recurring costs, came to $1.19 per share.

The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.24 per share.

The cereal maker posted revenue of $1.44 billion in the period, also falling short of Street forecasts. Four analysts surveyed by Zacks expected $1.45 billion.

Post Holdings shares have increased 20% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $106.68, a climb of 25% in the last 12 months.


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