Post Holdings (POST) Misses Q2 EPS by 3c

Post Holdings (NYSE: POST) reported Q2 EPS of $0.55, $0.03 worse than the analyst estimate of $0.58. Revenue for the quarter came in at $1.26 million versus the consensus estimate of $1.25 million.

Outlook

Post management continues to expect fiscal 2017 Adjusted EBITDA to range between $920-$950 million, excluding any contribution from Weetabix.

Post management continues to expect fiscal 2017 capital expenditures to range between $180-$200 million, excluding any Weetabix capital expenditures and including approximately $60-$70 million related to growth activities, of which approximately $30-$40 million is related to the previously announced cage-free housing conversion at the Bloomfield, Nebraska facility. Maintenance capital expenditures for fiscal 2017 are expected to range between $120-$140 million.

For earnings history and earnings-related data on Post Holdings (POST) click here.

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