FMP
Nov 15, 2024(Last modified: Nov 18, 2024)
Post Holdings, Inc. (NYSE:POST) is a consumer packaged goods holding company known for its diverse portfolio of food products. The company operates in the Zacks Food - Miscellaneous industry and has consistently demonstrated strong financial performance. Post Holdings competes with other major players in the food industry, striving to maintain its market position through strategic growth and innovation.
On November 14, 2024, Post Holdings reported earnings per share (EPS) of $1.53, surpassing the estimated $1.23. This represents an earnings surprise of 28.57%, as highlighted by Zacks. Although slightly lower than the $1.63 EPS from the previous year, the company has consistently outperformed consensus EPS estimates over the past four quarters, showcasing its robust financial health.
The company's revenue for the quarter was approximately $2.01 billion, exceeding the estimated $1.97 billion. This marks a 2.51% increase over the Zacks Consensus Estimate and an improvement from the $1.95 billion reported in the same quarter last year. Post Holdings has surpassed consensus revenue estimates twice in the last four quarters, indicating strong sales performance.
During the fourth quarter, Post Holdings achieved net sales of $2 billion, an operating profit of $190.9 million, and net earnings of $81.6 million. The Adjusted EBITDA for this period was $348.7 million. For the fiscal year ending September 30, 2024, the company reported net sales of $7.9 billion, an operating profit of $793.5 million, and net earnings of $366.7 million, with an Adjusted EBITDA of $1.4 billion.
Looking ahead, Post Holdings anticipates its Adjusted EBITDA for fiscal year 2025 to range between $1.41 billion and $1.46 billion. This forward-looking guidance reflects the company's confidence in its ability to sustain growth and profitability in the coming year.
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