trending Market Intelligence /marketintelligence/en/news-insights/trending/YaPl1bMIKK56IvkuFkQebg2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Treehouse Foods profit misses consensus by 39.6% in Q2


Minimizing Risk at a Bank with a Trade Intelligence Platform


2021 US broadband forecast lifted by rising digital home profiles


Q1 2021 Global Capital Markets Activity: SPAC IPOs, Issuance in Consumer Discretionary Sector Surge


Latin American and Caribbean Market Considerations Blog Series: Focus on IFRS 9

Treehouse Foods profit misses consensus by 39.6% in Q2

Treehouse Foods Inc. said its second-quarter normalized net income was 33 cents per share, compared with the S&P Capital IQ consensus estimate of 54 cents per share.

EPS decreased 52.7% year over year from 69 cents.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was $18.8 million, a decrease of 37.9% from $30.3 million in the prior-year period.

The normalized profit margin fell to 1.2% from 4.0% in the year-earlier period.

Total revenue climbed year over year to $1.54 billion from $759.2 million, and total operating expenses increased year over year to $1.48 billion from $704.0 million.

Reported net income fell 50.8% year over year to $15.5 million, or 27 cents per share, from $31.4 million, or 72 cents per share.