Hostess Brands (TWNK) Reports Q4 EPS of $0.14

Hostess Brands (NASDAQ: TWNK) reported Q4 EPS of $0.14. Revenue for the quarter came in at $178.8 million versus the consensus estimate of $196.2 million.

Outlook

The Company expects to continue to grow above the sweet baked goods category in 2017. The Company reaffirms anticipated net revenue of $781 million and adjusted EBITDA of $235 million for the year ended December 31, 2017. (See the schedules in the press release for a reconciliation of anticipated 2017 adjusted EBITDA to estimated net income of $100 million for 2017.) The Company believes that it is well positioned to grow and enhance shareholder value through the execution of its strategic initiatives. These key strategic initiatives are focused on further core distribution expansion, continued product innovation and line extensions, as well as the pursuit of white space opportunities.

For earnings history and earnings-related data on Hostess Brands (TWNK) click here.

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