Hostess Brands: Q1 Earnings Insights

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Hostess Brands TWNK reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

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

Earnings

Hostess Brands beat estimated earnings by 3.7%, reporting an EPS of $0.28 versus an estimate of $0.27.

Revenue was up $13.35 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 7.98% increase in the share price the next day.

Here's a look at Hostess Brands's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.24 0.21 0.22 0.22
EPS Actual 0.25 0.23 0.22 0.27
Revenue Estimate 331.30M 320.97M 324.37M 296.78M
Revenue Actual 339.46M 346.23M 340.47M 332.05M

To track all earnings releases for Hostess Brands visit their earnings calendar here.

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

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