Post Holdings Third Quarter 2024 Earnings: EPS Beats Expectations, Revenues Lag

Post Holdings (NYSE:POST) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$1.95b (up 4.7% from 3Q 2023).
• Net income: US$99.8m (up 9.1% from 3Q 2023).
• Profit margin: 5.1% (up from 4.9% in 3Q 2023). The increase in margin was driven by higher revenue.
• EPS: US$1.66 (up from US$1.49 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Post Holdings EPS Beats Expectations, Revenues Fall Short

Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) exceeded analyst estimates by 3.8%.

Looking ahead, revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Food industry in the US.

Performance of the American Food industry.

The company's shares are up 4.3% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 2 warning signs for Post Holdings (1 is a bit concerning!) that you should be aware of.

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