The third quarter financial results of B&G Foods (NYSE: BGS) will be revealed on Tuesday 5th November 2024. This eagerly awaited announcement is slated to occur after market close, enabling investors and market participants to gain valuable insights into the company's financial performance.
According to the predictions of financial experts on Wall Street, the company is set to unveil an estimated $0.20 profit per share for the quarter. Additionally, the company is expected to report a total revenue of $471.4 million for the specific period.
The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $1.95 billion. Further, they expect the earnings per share to achieve profit of $0.74 for the fiscal year.
The earnings report for the corresponding quarter in the previous year showcased a per-share income of $0.27. This considerable sum was attributed to the company's total revenue, which reached an impressive $502.73 million during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.08 | -46.7% | 444.59 M | -5.3% |
| Q1 2024 | $0.18 | -33.3% | 475.22 M | -7.1% |
| Q4 2023 | $0.30 | -25.0% | 578.13 M | -7.2% |
| Q3 2023 | $0.27 | -12.9% | 502.73 M | -4.9% |
| Q2 2023 | $0.15 | +114.3% | 469.64 M | -1.9% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 5th November 2024 at 04:30 PM eastern time to review the Q3 2024 financial results.
Throughout Friday's trading, B&G Foods (BGS) shares fluctuated between $8.55 and $8.72, with a trading volume of 805.00 thousand shares. The stock ended the regular trading session at $8.62, demonstrating an advance of 1.17 percent.
