Post Holdings (POST) Tops Q1 EPS by 16c
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Post Holdings (NYSE: POST) reported Q1 EPS of $0.52, $0.16 better than the analyst estimate of $0.36. Revenue for the quarter came in at $1.25 billion versus the consensus estimate of $1.33 billion.
Outlook
Post management has raised its fiscal 2016 Adjusted EBITDA guidance range to be between $810 million and $840 million, from between $780 million and $820 million, which includes an anticipated increase in expenses aimed at brand building and driving incremental synergies.
Post management continues to expect capital expenditures for fiscal 2016 to be between $145 million and $155 million, including approximately $20 million related to growth activities and approximately $20 million related to integration activities. Maintenance capital expenditures for fiscal 2016 are expected to be between $105 million and $115 million.
For earnings history and earnings-related data on Post Holdings (POST) click here.
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