Amplify Snack Brands, Inc. Reports Third Quarter 2016 Financial Results

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Go back to Amplify Snack Brands, Inc. Reports Third Quarter 2016 Financial Results

UPDATE: Oppenheimer Downgrades Amplify Snack Brands (BETR) to Perform

November 15, 2016 7:11 AM EST

(Updated - November 15, 2016 9:33 AM EST)

Oppenheimer downgraded Amplify Snack Brands (NYSE: BETR) from Outperform to Perform and removed its price target (prior $17.00). The change follows weaker than expected Q3 results.

Analyst Rupesh Parikh said, "Earlier this evening, BETR reported Q3... More

Credit Suisse Downgrades Amplify Snack Brands (BETR) to Neutral; Execution Missteps

November 15, 2016 6:38 AM EST

Credit Suisse downgraded Amplify Snack Brands (NYSE: BETR) from Outperform to Neutral with a price target of $13.00 (from $18.00) following Q3 execution missteps.

Analyst Robert Moskow commented, "We are lowering our rating on Amplify to Neutral and lowering our target price to $13/share. Amplify missed its 3Q... More

Amplify Snack Brands (BETR) Misses Q3 EPS by 3c; Updates FY16 Outlook

November 14, 2016 4:43 PM EST

Amplify Snack Brands (NYSE: BETR) reported Q3 EPS of $0.12, $0.03 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $68 million versus the consensus estimate of $65.17 million.

GUIDANCE:

Amplify Snack Brands sees FY2016 EPS of $0.49-$0.51, versus the... More