Pinnacle Foods Reports Strong 1st Quarter Fiscal 2017 Results

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Pinnacle Foods (PF) PT Raised to $65 at Credit Suisse; Higher Multiple Amid Revenue Growth

April 27, 2017 3:17 PM EDT

Credit Suisse raised its price target on Pinnacle Foods (NYSE: PF) to $65.00 (from $62.00) while maintaining a Outperform rating based on a higher multiple.

Robert Moskow said the main increase is related to revenue growth exceeding their pessimistic expectations and management's guidance... More

Pinnacle Foods (PF) Tops Q1 EPS by 3c

April 27, 2017 8:22 AM EDT

Pinnacle Foods (NYSE: PF) reported Q1 EPS of $0.50, $0.03 better than the analyst estimate of $0.47. Revenue for the quarter came in at $766.1 million versus the consensus estimate of $769.07 million.

It reaffirmed guidance for the year.

For earnings history and earnings-related data on Pinnacle Foods (PF) click here.

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