Flowers Foods (NYSE:FLO) reported its Q4 earnings results on Thursday, February 10, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Flowers Foods missed estimated earnings by 4.76%, reporting an EPS of $0.2 versus an estimate of $0.21.
Revenue was up $39.51 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.05, which was followed by a 2.27% increase in the share price the next day.
Here's a look at Flowers Foods's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.25 | 0.28 | 0.39 | 0.24 |
| EPS Actual | 0.30 | 0.32 | 0.41 | 0.28 |
| Revenue Estimate | 1.00B | 1.01B | 1.33B | 989.28M |
| Revenue Actual | 1.03B | 1.02B | 1.30B | 1.02B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Flowers Foods management provided guidance for their next quarter, expecting earnings between $1.25 and $1.35 per share for the next quarter.
This represents a 550.0% in quarter-over-quarter growth for Flowers Foods, a bullish signal to many investors.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
