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Hostess Brands inc   (TWNK)
 

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


Chips-Deluxe-Rainbow_pd 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.



Hostess Brands Inc's Revenue per Employee

Hostess Brands Inc's Asset Turnover



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