Post posted mixed results: profit collapsed but revenue scarcely moved

Updated on:
Nov 20th, 2020

On Thursday, Post Holdings, Inc. ($POST) posted EPS for fiscal fourth-quarter that severely undercut Wall St. expectations. Quarterly EPS was $0.58 per share compared to the forecasted $0.77. This quarterly report means an earnings surprise of -24.68%. On the contrary, reported sales were $1.4 billion, in line with the market estimates.

In comparing, the EPS for the same quarter last year was $1.39, so posted EPS means a loss of -58.27%. The analysts forecasts for Post last quarter were $0.71, but the company reported $0.75 improving by 5.63%.

Post made a 5.5% over the past four weeks, outperforming the average performance of its competitors. Having a look at its direct competitors, The Kraft Heinz (KHC) made a 1.4%, Hormel Foods (HRL) made a 1.5%, McCormick (MKC) marked a -6%, Kellogg (K) marked a -1.2%, ConAgra Brands (CAG) made a -1.7% and General Mills (GIS) marked a 2%. Hormel Foods is posting earnings report in the coming days.

Post Holdings, Inc. operates as a consumer packaged goods holding company in the United States and internationally. It operates through Post Consumer Brands, Weetabix, Foodservice, Refrigerated Retail, and BellRing Brands segments. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products. The Weetabix segment primarily markets and distributes branded and private label RTE cereal products. The Foodservice segment produces and distributes egg and potato products in the foodservice and food ingredient channels.. The stock is part of the Packaged Foods industry in the Consumer Defensive sector. The firm employs 10,100 people worldwide and it's based in St. Louis, United States. Check for further details about the company at its corporate website at http://www.postholdings.com.

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