Nomad Foods Limited (NOMD) Tops Q3 EPS by 6c, Beats on Revenues

Nomad Foods Limited (NYSE: NOMD) reported Q3 EPS of $0.29*, $0.06 better than the analyst estimate of $0.23. Revenue for the quarter came in at $545* million versus the consensus estimate of $529.22 million.

*Figures based on rate of 1 Euro to 1.19 USD

Highlights:

• Reported revenue increased 4.4% to €459 million
• Organic revenue growth of 5.9%
• Reported Profit for the period of €42 million
• Adjusted EBITDA decreased 8% to €79 million
• Reported EPS of €0.24; Adjusted EPS increased 9% to €0.24
• Company raises 2017 Adjusted EBITDA guidance to approximately €325 to €327 million

For earnings history and earnings-related data on Nomad Foods Limited (NOMD) click here.

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