Post Holdings Reports Results for the Third Quarter of Fiscal Year 2016
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BMO Capital Raises Price Target on Post Holdings (POST) Following 3Q
August 8, 2016 8:49 AM EDTBMO Capital reiterated an Outperform rating on Post Holdings (NYSE: POST), and raised the price target to $90.00, following the company's 3Q earnings report. POST reported EBITDA of $231 million, exceeding consensus estimates. Management raised its 2016 EBITDA outlook to $915-925 million (from $893-913 million).
Analyst Kenneth Zaslow commented, "Notwithstanding the margin... More
Post Holdings (POST) Tops Q3 EPS by 13c, Offers Outlook
August 4, 2016 5:21 PM EDTPost Holdings (NYSE: POST) reported Q3 EPS of $0.62, $0.13 better than the analyst estimate of $0.49. Revenue for the quarter came in at $1.25 billion versus the consensus estimate of $1.26 billion.
Outlook
Post management reaffirmed its fiscal 2016 Adjusted EBITDA guidance range of $915-$925 million. Of the previously announced incremental $25 million investment in brand building and productivity,... More
