Nomad Foods Limited (NOMD) Tops Q3 EPS by 6c, Beats on Revenues
Nomad Foods Limited (NYSE: NOMD) reported Q3 EPS of $0.29*, $0.06 better than the analyst estimate of $0.23. Revenue for the quarter came in at $545* million versus the consensus estimate of $529.22 million.
*Figures based on rate of 1 Euro to 1.19 USD
Highlights:
- Reported revenue increased 4.4% to €459 million
- Organic revenue growth of 5.9%
- Reported Profit for the period of €42 million
- Adjusted EBITDA decreased 8% to €79 million
- Reported EPS of €0.24; Adjusted EPS increased 9% to €0.24
- Company raises 2017 Adjusted EBITDA guidance to approximately €325 to €327 million
For earnings history and earnings-related data on Nomad Foods Limited (NOMD) click here.
