Hostess Brands (TWNK) Scheduled to Post Earnings on Wednesday

Hostess Brands (NASDAQ:TWNK) will be releasing its earnings data after the market closes on Wednesday, November 7th. Analysts expect Hostess Brands to post earnings of $0.12 per share for the quarter. Hostess Brands has set its FY18 guidance at $0.52-0.58 EPS.Persons that wish to listen to the company’s earnings conference call can do so using this link.

Hostess Brands (NASDAQ:TWNK) last issued its earnings results on Tuesday, August 7th. The company reported $0.14 EPS for the quarter, missing the consensus estimate of $0.18 by ($0.04). The firm had revenue of $215.85 million during the quarter, compared to analyst estimates of $219.50 million. Hostess Brands had a return on equity of 3.87% and a net margin of 28.58%. On average, analysts expect Hostess Brands to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Shares of TWNK opened at $10.19 on Wednesday. The company has a market capitalization of $1.31 billion, a PE ratio of 16.17 and a beta of -0.04. The company has a quick ratio of 1.75, a current ratio of 2.03 and a debt-to-equity ratio of 0.64. Hostess Brands has a 52 week low of $9.86 and a 52 week high of $15.40.

TWNK has been the subject of a number of analyst reports. Royal Bank of Canada lowered Hostess Brands from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, August 8th. Zacks Investment Research lowered Hostess Brands from a “hold” rating to a “sell” rating in a research report on Thursday, September 6th. BidaskClub upgraded Hostess Brands from a “sell” rating to a “hold” rating in a research report on Monday, October 15th. Citigroup initiated coverage on Hostess Brands in a research report on Wednesday, September 26th. They set a “neutral” rating and a $13.00 price objective for the company. Finally, SunTrust Banks lowered Hostess Brands from a “buy” rating to a “hold” rating in a research report on Wednesday, August 8th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and three have assigned a buy rating to the stock. Hostess Brands presently has an average rating of “Hold” and an average target price of $16.00.

In other Hostess Brands news, insider Andrew Wilson Jacobs bought 8,275 shares of the business’s stock in a transaction on Friday, August 10th. The shares were purchased at an average price of $12.15 per share, with a total value of $100,541.25. Following the purchase, the insider now directly owns 27,209 shares of the company’s stock, valued at $330,589.35. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Larry E. Bodner bought 10,000 shares of the business’s stock in a transaction on Tuesday, August 14th. The shares were acquired at an average cost of $11.93 per share, for a total transaction of $119,300.00. Following the purchase, the director now directly owns 26,609 shares in the company, valued at $317,445.37. The disclosure for this purchase can be found here. Insiders own 24.60% of the company’s stock.

About Hostess Brands

Hostess Brands, Inc, a packaged food company, develops, manufactures, markets, sells, and distributes fresh sweet baked goods in the United States. It primarily offer coffee cakes, cinnamon rolls, honey buns, brownies, bread and buns, jumbo muffins, and eclairs under the Twinkies, CupCakes, Ding Dongs, Zingers, HoHos, Donettes, Dolly Madison, and Superior on Main brands.

Recommended Story: Cash Flow Analysis in Stock Selection

Earnings History for Hostess Brands (NASDAQ:TWNK)

Receive News & Ratings for Hostess Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hostess Brands and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply