Hostess Brands inc (TWNK)
Sector • Consumer Non Cyclical Industry • Food Processing |
Industry • Food Processing |
Sector • Consumer Non Cyclical |
Earnings fell Regardless of Strong Revenues by the Hostess Brands Inc all along the most recent fiscal period
company recorded fourth quarter of 2022 operating income of $56.571 million
Published Mar 25 2023
CSIMarket Team / CSIMarket.com
the Food Processing company encountered demise in eps, following Revenue rise in the most recent fiscal period, earnings decreased by -7.62 % to $0.24 per share, while Revenue increased respectably by 14.234 % to $339.46 millions, from the comparable reporting season a year prior.
From the preceding reporting season, profit plummeted by -49.28 % from $0.48 per share and Revenue decreased by -1.955 % from $346.23 millions.
Bottom-line of $32.892 millions in the fiscal time-frame ending December 31 2022 fell by -9.95 % from $36.528 millions in the corresponding period a year before. Hostess Brands Inc shifted it's focus on improving sales in the fiscal time-frame ending December 31 2022, as a result net margin eased to 9.69%.
Operating earnings, however, rose 4.83% to $56.571 millions. Studying more the business reports for the financial 12 Months 2022, TWNK announced Revenues of $1.36 billions and net income of $164.20 millions.
Food Processing company explained also, that Earnings per share grew by 38.37 % to $1.19 per share from $0.86 in the previous financial 12 Months , contributesRevenues improved by 18.93 % from $1.14 billions a year prior.
Hostess Brands Inc is expected to report next financial recent numbers on May 03, 2023.
From the preceding reporting season, profit plummeted by -49.28 % from $0.48 per share and Revenue decreased by -1.955 % from $346.23 millions.
Bottom-line of $32.892 millions in the fiscal time-frame ending December 31 2022 fell by -9.95 % from $36.528 millions in the corresponding period a year before. Hostess Brands Inc shifted it's focus on improving sales in the fiscal time-frame ending December 31 2022, as a result net margin eased to 9.69%.
Operating earnings, however, rose 4.83% to $56.571 millions. Studying more the business reports for the financial 12 Months 2022, TWNK announced Revenues of $1.36 billions and net income of $164.20 millions.
Food Processing company explained also, that Earnings per share grew by 38.37 % to $1.19 per share from $0.86 in the previous financial 12 Months , contributesRevenues improved by 18.93 % from $1.14 billions a year prior.
Hostess Brands Inc is expected to report next financial recent numbers on May 03, 2023.