B&G Foods earnings beat by $0.04, revenue fell short of estimates

  • Investing.com
B&G Foods earnings beat by $0.04, revenue fell short of estimates
Credit: © Reuters.

Investing.com - B&G Foods (NYSE: BGS ) reported third quarter EPS of $0.27, $0.04 better than the analyst estimate of $0.23. Revenue for the quarter came in at $502.7M versus the consensus estimate of $505.34M.

Guidance

B&G Foods sees FY 2023 EPS of $0.93-$1.13 versus the analyst consensus of $0.99.

B&G Foods sees FY 2023 revenue of $2.05B-$2.07B versus the analyst consensus of $2.09B.

B&G Foods's stock price closed at $8.71. It is down -33.00% in the last 3 months and down -40.55% in the last 12 months.

B&G Foods saw 0 positive EPS revisions and 5 negative EPS revisions in the last 90 days. See B&G Foods's stock price’s past reactions to earnings here.

According to InvestingPro, B&G Foods's Financial Health score is "fair performance".

Check out B&G Foods's recent earnings performance , and B&G Foods's financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar.

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