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Flowers Foods Inc (FLO) released earnings for second quarter that dropped from last year.


RTTNews | Aug 12, 2021 04:17PM EDT

16:16 Thursday, August 12, 2021 (RTTNews.com) - Flowers Foods Inc (FLO) released earnings for second quarter that dropped from last year.

The company's profit totaled $56.4 million, or $0.26 per share. This compares with $57.9 million, or $0.27 per share, in last year's second quarter.

Analysts had expected the company to earn $0.28 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter fell 1.9% to $1.01 billion from $1.03 billion last year.

Flowers Foods Inc earnings at a glance:

-EPS (Q2): $0.32 vs. $0.33 last year.-Analysts Estimate: $0.28-Revenue (Q2): $1.01 Bln vs. $1.03 Bln last year.

-Guidance:Full year EPS guidance: $1.17-$1.22Full year revenue guidance: $4.25-$4.30 Bln

Read the original article on RTTNews ( https://www.rttnews.com/3218574/flowers-foods-inc-q2-adjusted-earnings-beat-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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