B&G Foods Reports Strong Net Sales and Earnings Growth for Fourth Quarter and Full Year 2020

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Go back to B&G Foods Reports Strong Net Sales and Earnings Growth for Fourth Quarter and Full Year 2020

B&G Foods (BGS) Misses Q4 EPS by 10c, Offers FY Guidance

March 2, 2021 4:15 PM EST

B&G Foods (NYSE: BGS) reported Q4 EPS of $0.35, $0.10 worse than the analyst estimate of $0.45. Revenue for the quarter came in at $510.2 million versus the consensus estimate of $531.12 million.

GUIDANCE:

B&G Foods sees FY2021 revenue of $2.05-2.1 billion, versus the consensus of $2.03 billion.

For fiscal 2021, net sales will be positively impacted by an additional eleven... More