Recap: B&G Foods Q1 Earnings

B&G Foods BGS reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

B&G Foods beat estimated earnings by 3.85%, reporting an EPS of $0.27 versus an estimate of $0.26.

Revenue was down $20.59 million from the same period last year.

Last quarter the company beat on EPS by $0.18 which was followed by a 28.49% increase in the share price the next day.

Here's a look at B&G Foods's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	0.22	0.31	0.27	0.39
EPS Actual	0.40	0.31	0.07	0.34
Revenue Estimate	583.90M	533.20M	482.26M	512.89M
Revenue Actual	623.23M	528.40M	478.96M	532.41M

To track all earnings releases for B&G Foods visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.