Post Holdings (NYSE: POST) reported Q4 EPS of $1.63, $0.29 better than the analyst estimate of $1.34. Revenue for the quarter came in at $1.95 billion versus the consensus estimate of $1.93 billion.

Outlook:

Post management expects Adjusted EBITDA for fiscal year 2024 to be between $1,200-$1,260 million. This guidance excludes any contribution from the previously announced acquisition of Perfection Pet Foods, LLC (“Perfection”), which is expected to be completed late in the fourth calendar quarter of 2023, Post’s first quarter of fiscal year 2024, subject to customary closing conditions.

Post management expects fiscal year 2024 capital expenditures to range between $400-$425 million, which includes Foodservice investment in the expansion of the Norwalk, Iowa precooked egg facility and the start of Phase II expansion of the Bloomfield, Nebraska cage-free egg facility, for an aggregate of $100-$110 million. This also includes $90-$100 million for Pet Food quality, safety, capacity, pilot plant and distribution network investments.

For earnings history and earnings-related data on Post Holdings (POST) click here.