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SunOpta (STKL) Tops Q2 EPS by 3c, Updates Guidance

August 10, 2022 4:27 PM

SunOpta (NASDAQ: STKL) reported Q2 EPS of $0.03, $0.03 better than the analyst estimate of $0.00. Revenue for the quarter came in at $243.5 million versus the consensus estimate of $219.67 million.

GUIDANCE:

SunOpta sees FY2022 revenue of $930-960 million, versus the consensus of $1.18 billion.

We are raising our previously provided outlook for fiscal 2022, including:

($ millions)

Prior
Outlook

Revised
Outlook

Revenue

$

890 - 930

$

930 - 960

Adj. EBITDA

67 - 75

72 - 78

Revenue growth

10% - 14%

14% - 18%

Adj. EBITDA growth

10% - 24%

19% - 28%

For earnings history and earnings-related data on SunOpta (STKL) click here.

Categories

Earnings Guidance

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