Post Holdings (POST) Tops Q1 EPS by 40c

Post Holdings (NYSE: POST) reported Q1 EPS of $1.08, $0.40 better than the analyst estimate of $0.68. Revenue for the quarter came in at $1.6 billion versus the consensus estimate of $1.49 billion.

Outlook:

For fiscal year 2023, Post management has raised its guidance range for Adjusted EBITDA to $1,025-$1,065 million from $990-$1,040 million. Post management now expects fiscal year 2023 capital expenditures to range between $275-$300 million, which includes $75-$85 million investment in RTD shake manufacturing and precooked and cage-free eggs.

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

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