TreeHouse Foods, Inc. Delivers Second Quarter 2018 Results Above Company Expectations and Tightens Full Year Guidance Range

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TreeHouse Foods (THS) PT Raised to $45 at Susquehanna

August 3, 2018 11:56 AM EDT

Susquehanna raised its price target on TreeHouse Foods (NYSE: THS) to $45.00 (from $42.00) while maintaining a Neutral rating following results.

Analyst Pablo Zuanic has a cautious bias given the run up in the stock.

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Treehouse Foods (THS) Tops Q2 EPS by 12c, Revenues Beat; Offers FY18 EPS Mid-Point Guidance Above Consensus

August 2, 2018 6:57 AM EDT

Treehouse Foods (NYSE: THS) reported Q2 EPS of $0.37, $0.12 better than the analyst estimate of $0.25. Revenue for the quarter came in at $1.46 billion versus the consensus estimate of $1.42 billion.

"Private label continues to be a strategic imperative for our retail partners," continued Mr. Oakland. "Every day, we strive to provide retailers with high quality food and beverages, coupled with exceptional service. However, we have yet to really leverage our leadership position in private label and... More