B&G Foods (NYSE:BGS) reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:06 PM.
Here’s what investors need to know about the announcement.
Earnings
B&G Foods beat estimated earnings by 17.39%, reporting an EPS of $0.27 versus an estimate of $0.23.
Revenue was down $25.66 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.06 which was followed by a 8.06% increase in the share price the next day.
Here’s a look at B&G Foods’s past performance:
| Quarter | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.09 | 0.26 | 0.22 | 0.31 |
| EPS Actual | 0.15 | 0.27 | 0.40 | 0.31 |
| Revenue Estimate | 465.64M | 527.48M | 583.90M | 533.20M |
| Revenue Actual | 469.64M | 511.81M | 623.23M | 528.40M |
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.
