Profile
Sector:
Consumer DefensiveIndustry:
Packaged FoodsCountry:
United StatesIPO:
28 June 2005Website:
http://www.treehousefoods.comNext earnings report:
07 August 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 28 Jun 2024 21:29:10 GMTDividend
Analysts recommendations
Institutional Ownership
THS Latest News
TreeHouse (THS) reported earnings 30 days ago. What's next for the stock?
TreeHouse Foods (THS) reported a quarterly loss of $0.03 per share, slightly worse than the Zacks Consensus Estimate of a loss of $0.02, and significantly lower than earnings of $0.68 per share in the same quarter last year.
TreeHouse Foods, a company specializing in packaged foods and beverages, has experienced a decrease in revenue, profits, and cash flow indicators recently. Despite these challenges, the company remains positive about its future prospects and believes that its stock is still reasonably priced. Analysts predict a slow start for TreeHouse Foods in the first quarter of the 2024 fiscal year, but management is hopeful for improvement in the following quarters.
TreeHouse Foods is facing obstacles in its supply chain and challenges from the economy, but its efforts to improve efficiency and streamline its product offerings are helping to alleviate some of the pressure.
TreeHouse Foods (THS) deals with supply-chain headwinds and elevated operating costs. Macroeconomic challenges impact overall food and beverage consumption.
The heavy selling pressure might have exhausted for TreeHouse (THS) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.
TreeHouse Foods' (THS) fourth-quarter fiscal 2023 results reflect soft sales and earnings due to supply-chain hurdles at one of the broth facilities.
TreeHouse Foods (THS) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.98 per share a year ago.
Supply chain issues helped spoil the company's fourth quarter. Revenue and profits both fell in the quarter.
TreeHouse Foods' (THS) fourth-quarter results are likely to reflect supply-chain disruptions and the impacts of the recent voluntary product recall. Gains from pricing have been an upside.
What type of business is TreeHouse Foods?
TreeHouse Foods, Inc. is a manufacturer of packaged food and beverage products. The company was founded in 1862 and is located in Oak Brook, Illinois. The company produces a wide range of chilled, fresh, and frozen long-shelf-life products. Its product range includes beverages, salad dressings, drink flavor enhancers, pickled vegetables, sauces, grains, pasta, dry meals, cookies and crackers, and other products. The "North America-Retail Grocery" segment sells branded products and third-party products to consumers in the United States and Canada. The "Foodservice" segment sells to customers in the foodservice industry, restaurant chains, and food distributors in the United States and Canada.
What sector is TreeHouse Foods in?
TreeHouse Foods is in the Consumer Defensive sector
What industry is TreeHouse Foods in?
TreeHouse Foods is in the Packaged Foods industry
What country is TreeHouse Foods from?
TreeHouse Foods is headquartered in United States
When did TreeHouse Foods go public?
TreeHouse Foods initial public offering (IPO) was on 28 June 2005
What is TreeHouse Foods website?
https://www.treehousefoods.com
Is TreeHouse Foods in the S&P 500?
No, TreeHouse Foods is not included in the S&P 500 index
Is TreeHouse Foods in the NASDAQ 100?
No, TreeHouse Foods is not included in the NASDAQ 100 index
Is TreeHouse Foods in the Dow Jones?
No, TreeHouse Foods is not included in the Dow Jones index
When does TreeHouse Foods report earnings?
The next expected earnings date for TreeHouse Foods is 07 August 2024