Hostess Brands (NASDAQ:TWNK) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Hostess Brands beat estimated earnings by 3.7%, reporting an EPS of $0.28 versus an estimate of $0.27.
Revenue was up $13.35 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 7.98% increase in the share price the next day.
Here’s a look at Hostess Brands’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.24 | 0.21 | 0.22 | 0.22 |
| EPS Actual | 0.25 | 0.23 | 0.22 | 0.27 |
| Revenue Estimate | 331.30M | 320.97M | 324.37M | 296.78M |
| Revenue Actual | 339.46M | 346.23M | 340.47M | 332.05M |
To track all earnings releases for Hostess Brands visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
