TreeHouse Foods, Inc. Reports Third Quarter 2019 Adjusted Earnings Per Diluted Share from Continuing Operations of $0.55
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Treehouse Foods (THS) Misses Q3 EPS by 3c, Revenues Miss; Revised FY19 EPS Mid-Point Below Consensus, FY19 Revenue Views Below Consensus
November 7, 2019 7:03 AM ESTTreehouse Foods (NYSE: THS) reported Q3 EPS of $0.55, $0.03 worse than the analyst estimate of $0.58. Revenue for the quarter came in at $1.06 billion versus the consensus estimate of $1.09 billion.
"Third quarter adjusted earnings per diluted share from continuing operations fell within the range of our guidance, and I'm encouraged by the progress we are making around volumes. Excluding SKU rationalization and divestitures, our third quarter year-over-year shipments improved sequentially to (4.7)% versus (9.6)% in the first half of the year. Additionally, I'm pleased by the results of our ongoing commitment to deliver outstanding customer service," said Steve... More
