Post Holdings (POST) Misses Q4 EPS by 19c, Revenues Miss
Post Holdings (NYSE: POST) reported Q4 EPS of $0.58, $0.19 worse than the analyst estimate of $0.77. Revenue for the quarter came in at $1.41 billion versus the consensus estimate of $1.44 billion.
Highlights:
- Fourth quarter net sales of $1.4 billion; operating profit of $178.9 million; net earnings of $57.0 million and Adjusted EBITDA of $274.8 million
- Fiscal year net sales of $5.7 billion; operating profit of $700.5 million; net earnings of $0.8 million and Adjusted EBITDA of $1,140.5 million
- Generated $625.6 million in cash from operations in fiscal year 2020
Outlook
Under the assumption the COVID-19 pandemic persists through Post’s second quarter, Post management expects Adjusted EBITDA for the first half of fiscal year 2021 to be between $520-$550 million and is expected to favor the first quarter.
Post management expects Post’s fiscal year 2021 capital expenditures to range between $225-$250 million, including approximately $4 million attributable to BellRing.
For earnings history and earnings-related data on Post Holdings (POST) click here.
