B&G Foods (NYSE:BGS) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
B&G Foods beat estimated earnings by 3.85%, reporting an EPS of $0.27 versus an estimate of $0.26.
Revenue was down $20.59 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.18 which was followed by a 28.49% increase in the share price the next day.
Here’s a look at B&G Foods’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.22 | 0.31 | 0.27 | 0.39 |
| EPS Actual | 0.40 | 0.31 | 0.07 | 0.34 |
| Revenue Estimate | 583.90M | 533.20M | 482.26M | 512.89M |
| Revenue Actual | 623.23M | 528.40M | 478.96M | 532.41M |
To track all earnings releases for B&G Foods visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
