Benzinga | Nov 5, 2021 11:31AM EDT

Earnings Preview: Treehouse Foods

Treehouse Foods (NYSE:THS) is set to give its latest quarterly earnings report on Monday, 2021-11-08. Here's what investors need to know before the announcement.

Analysts estimate that Treehouse Foods will likely report an Earnings Per Share (EPS) of $0.50

Treehouse Foods bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company missed on EPS by 0.00%, which was followed by a 1.62% increase in the share price the next day.

Here's a look at Treehouse Foods's past performance and the resulting price change:

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.26 0.32 1.07 0.61EPS Actual 0.26 0.36 1.07 0.71Price Change % 1.62% 0.7% 0.32% -6.68%

Stock Performance

Shares of Treehouse Foods were trading at $36.17 as of November 04. Over the last 52-week period, shares are up 3.32%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.