Zacks: Brokerages Anticipate Post Holdings Inc (NYSE:POST) Will Announce Earnings of $1.26 Per Share

Equities research analysts expect Post Holdings Inc (NYSE:POST) to announce earnings per share of $1.26 for the current fiscal quarter, Zacks reports. Four analysts have made estimates for Post’s earnings. The highest EPS estimate is $1.34 and the lowest is $1.13. Post posted earnings of $1.06 per share in the same quarter last year, which indicates a positive year over year growth rate of 18.9%. The firm is scheduled to report its next earnings results after the market closes on Thursday, August 1st.

On average, analysts expect that Post will report full year earnings of $4.96 per share for the current year, with EPS estimates ranging from $4.69 to $5.08. For the next year, analysts anticipate that the business will report earnings of $5.68 per share, with EPS estimates ranging from $5.17 to $5.98. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that that provide coverage for Post.

Post (NYSE:POST) last announced its earnings results on Thursday, May 2nd. The company reported $1.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.15. Post had a net margin of 4.15% and a return on equity of 10.94%. The company had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter in the previous year, the company posted $1.06 EPS. The firm’s quarterly revenue was down 12.5% on a year-over-year basis.



POST has been the topic of several recent research reports. BMO Capital Markets cut shares of Iamgold from an “outperform” rating to a “market perform” rating in a research note on Monday, May 6th. Piper Jaffray Companies cut shares of Post from an “overweight” rating to a “neutral” rating in a research note on Friday. Pivotal Research reaffirmed a “buy” rating and set a $125.00 target price on shares of Post in a research note on Friday, May 3rd. Zacks Investment Research cut shares of GENEL ENERGY PL/ADR from a “hold” rating to a “sell” rating in a research note on Thursday, July 4th. Finally, Evercore ISI initiated coverage on shares of Mondelez International in a research note on Tuesday, June 11th. They set an “outperform” rating and a $62.00 target price on the stock. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the company’s stock. Post currently has a consensus rating of “Buy” and an average price target of $120.45.

Several hedge funds have recently made changes to their positions in POST. Martingale Asset Management L P lifted its position in Post by 24.2% in the first quarter. Martingale Asset Management L P now owns 295,354 shares of the company’s stock valued at $32,314,000 after buying an additional 57,631 shares during the last quarter. Rothschild & Co. Asset Management US Inc. lifted its position in Post by 3.7% in the first quarter. Rothschild & Co. Asset Management US Inc. now owns 153,217 shares of the company’s stock valued at $16,762,000 after buying an additional 5,501 shares during the last quarter. FMR LLC lifted its position in Post by 9.3% in the first quarter. FMR LLC now owns 3,648,763 shares of the company’s stock valued at $399,175,000 after buying an additional 309,004 shares during the last quarter. Gotham Asset Management LLC lifted its position in Post by 5,113.8% in the fourth quarter. Gotham Asset Management LLC now owns 199,532 shares of the company’s stock valued at $17,784,000 after buying an additional 195,705 shares during the last quarter. Finally, Smith Moore & CO. lifted its position in Post by 10.4% in the fourth quarter. Smith Moore & CO. now owns 6,570 shares of the company’s stock valued at $586,000 after buying an additional 617 shares during the last quarter. 91.46% of the stock is currently owned by hedge funds and other institutional investors.

Shares of POST opened at $110.98 on Tuesday. Post has a 52-week low of $83.88 and a 52-week high of $113.73. The company has a debt-to-equity ratio of 1.95, a quick ratio of 1.08 and a current ratio of 1.93. The business’s fifty day simple moving average is $105.87. The firm has a market cap of $8.14 billion, a PE ratio of 27.20, a PEG ratio of 3.20 and a beta of 0.28.

Post Company Profile

Post Holdings, Inc operates as a consumer packaged goods holding company in the United States and internationally. It operates through Post Consumer Brands, Weetabix, Refrigerated Food, and Active Nutrition segments. The Post Consumer Brands segment manufactures, markets, and sells branded and private label ready-to-eat (RTE) cereal and hot cereal products.

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Earnings History and Estimates for Post (NYSE:POST)

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