Flowers Foods FLO is set to give its latest quarterly earnings report on Friday, 2024-11-08. Here's what investors need to know before the announcement.
Analysts estimate that Flowers Foods will report an earnings per share (EPS) of $0.29.
The market awaits Flowers Foods's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Overview of Past Earnings
In the previous earnings release, the company beat EPS by $0.03, leading to a 0.0% drop in the share price the following trading session.
Here's a look at Flowers Foods's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.33 | 0.41 | 0.21 | 0.28 |
EPS Actual | 0.36 | 0.38 | 0.20 | 0.29 |
Price Change % | 0.0% | -4.0% | -5.0% | -7.000000000000001% |
Tracking Flowers Foods's Stock Performance
Shares of Flowers Foods were trading at $22.49 as of November 06. Over the last 52-week period, shares are up 7.76%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Flowers Foods visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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