Simply Good Foods Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call

The Simply Good Foods Company SMPL will release its second-quarter financial results before the opening bell on Wednesday, April 9.

Analysts expect the Denver, Colorado-based company to report quarterly earnings at 40 cents per share, compared to 40 cents per share in the year-ago period. Simply Good Foods projects quarterly revenue of $354.51 million, compared to $312.2 million a year earlier, according to data from Benzinga Pro.

On Jan. 28, The Simply Good Foods reported that its CFO Shaun Mara will resign effective July 3.

Simply Good Foods shares gained 0.1% to close at $33.89 on Monday.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.

• Morgan Stanley analyst Megan Alexander initiated coverage on the stock with an Equal-Weight rating and a price target of $36 on March 24, 2025. This analyst has an accuracy rate of 62%.
• Mizuho analyst John Baumgartner maintained an Outperform rating and cut the price target from $48 to $45 on Jan. 10, 2025. This analyst has an accuracy rate of 70%.
• Citigroup analyst Wendy Nicholson maintained a Buy rating and slashed the price target from $46 to $43 on Nov. 14, 2024. This analyst has an accuracy rate of 66%.
• Stephens & Co. analyst Ben Bienvenu maintained an Overweight rating and cut the price target from $44 to $42 on Oct. 23, 2024. This analyst has an accuracy rate of 76%.
• Needham analyst Matt McGinley reiterated a Buy rating with a price target of $41 on June 28, 2024. This analyst has an accuracy rate of 73%.

Considering buying SMPL stock? Here’s what analysts think:

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