Post Holdings (NYSE: POST) reported Q1 EPS of $0.72, $0.01 better than the analyst estimate of $0.71. Revenue for the quarter came in at $1.46 billion versus the consensus estimate of $1.42 billion.

Highlights:

• First quarter net sales of $1.5 billion
• Operating profit of $166.3 million; net earnings of $81.2 million; Adjusted EBITDA of $284.4 million
• Reaffirmed first half fiscal year 2021 Adjusted EBITDA (non-GAAP) guidance of $520-$550 million

Outlook

Post management reaffirmed its expectation of Adjusted EBITDA for the first half of fiscal year 2021 to be between $520-$550 million, with the expectation of material improvement in the second half of fiscal year 2021.

Post management continues to expect 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.