TreeHouse Foods' Q4 Misses on EPS, Revs In Line; Guides FY12 EPS Below Estimates; Shares Up 3%, Off Day Highs
TreeHouse Foods ( THS ) today reported Q4 earnings of $0.85 per share, ex-one time items, below the Thomson Reuters estimate consensus of $0.87. The prior-year period's EPS was $0.80.
Revenues were $535.80 mln, up from $509.46 mln in the same quarter last year. Analysts were expecting revenues of $535.82 mln.
The company expects FY12 revenues to increase 8% to 9%. It also projects that adjusted earnings per fully diluted share will increase by a range of 10% to 16%, to $3 to $3.15 per share. The Street view for FY12 EPS is $3.20.
Shares are up 2.8% to $56.60 but below a day high $57.70, with a 52-week range of $46.73 - $67.25.