Treehouse Foods (THS) Tops Q3 EPS by 7c, Revenues Miss; Narrows FY18 EPS Outlook

Treehouse Foods (NYSE: THS) reported Q3 EPS of $0.62, $0.07 better than the analyst estimate of $0.55. Revenue for the quarter came in at $1.39 billion versus the consensus estimate of $1.44 billion.

"Our retail partners are passionate and committed to growing their private label presence, and I believe we have a wonderful opportunity to leverage the leadership positions we enjoy in our categories. Meanwhile, we must remain intently focused on outstanding customer service and operational excellence," continued Mr. Oakland. "Our work to reinvigorate the strategic planning process, to allocate our resources according to our customers\' strategies and to refine our priorities continues to advance, and I look forward to communicating more details around our strategy, portfolio, and vision in December at our Investor Day."

GUIDANCE:

Treehouse Foods sees FY2018 EPS of $2.05-$2.25, versus the consensus of $2.15.

For earnings history and earnings-related data on Treehouse Foods (THS) click here.

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