Friday, November 4, 2016

TreeHouse Foods Inc. (THS) Tumbled After Q3 Miss & Guidance Lowered

TreeHouse Foods Inc. (THS) reported third quarter adjusted EPS of $0.70 Thursday morning, down from $0.86 a year ago. Analysts expected EPS of $0.78. The company expects to report fourth quarter adjusted EPS of $1.07 to $1.12, which is below the consensus estimate of $1.25. The company also lowered its full year adjusted EPS forecast to between $2.80 and $2.85, from prior expectations of $3.00 to $3.10. Street expectations are for EPS of $3.07.

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