Hostess Brands (TWNK) Reports In-Line Q2 EPS

Hostess Brands (NASDAQ: TWNK) reported Q2 EPS of $0.22, in-line with the analyst estimate of $0.22. Revenue for the quarter came in at $340.5 million versus the consensus estimate of $325.43 million.

GUIDANCE:

Hostess Brands sees FY2022 EPS of $0.93-$0.98, versus the consensus of $0.97.

• Raising full year 2022 net revenue guidance to at least 15% growth, while maintaining full year adjusted EBITDA guidance towards the higher end of $280 - $290 million and adjusted EPS guidance of $0.93 - $0.98.

For earnings history and earnings-related data on Hostess Brands (TWNK) click here.

You May Also Be Interested In

• Micron surges 5.5% on blockbuster Anthropic AI deal ahead of earnings
• Accenture downgraded by TD Cowen on AI concerns
• Worried the AI trade has gone too far? Evercore likes these 4 stocks