Pinnacle Foods Inc. Reports Q4 and Full Year 2016 Results

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Pinnacle Foods (PF) PT Raised to $64 at RBC Capital Following Positive 4Q Results; Ups Estimates

February 24, 2017 6:00 AM EST

RBC Capital analyst David Palmer reiterates Outperform rating and raises price target on Pinnacle Foods Inc. (NYSE: PF) to $64 (from $58), noting margin and revenue upside, while raising 2017 and 2018 estimates, as the company delivered positive 2016 fourth quarter results.

Palmer comments, "Following yesterdays 4Q release, we are raising our estimates to reflect more favorable interest... More

Pinnacle Foods (PF) Reports In-Line Q4 EPS; Guides In-Line

February 23, 2017 6:02 AM EST

Pinnacle Foods (NYSE: PF) reported Q4 EPS of $0.79, in-line with the analyst estimate of $0.79. Revenue for the quarter came in at $858.48 million versus the consensus estimate of $851.5 million.

GUIDANCE:

Pinnacle Foods sees FY2017 EPS of $2.55-$2.60, versus the consensus of... More