BMO Capital Raises Price Target on Post Holdings (POST) Following 3Q

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Post Holdings (POST) Tops Q3 EPS by 13c, Offers Outlook

August 4, 2016 5:21 PM EDT

Post 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