TreeHouse Foods Third Quarter 2024 Earnings: Misses Expectations

TreeHouse Foods (NYSE:THS) Third Quarter 2024 Results

Key Financial Results

• Revenue: US$839.1m (down 2.8% from 3Q 2023).
• Net loss: US$3.40m (down by 135% from US$9.80m profit in 3Q 2023).
• US$0.066 loss per share (down from US$0.17 profit in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

TreeHouse Foods Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 2.9%. Earnings per share (EPS) was also behind analyst expectations.

Looking ahead, revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 2.8% growth forecast for the Food industry in the US.

Performance of the American Food industry.

The company's shares are down 17% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. See our latest analysis on TreeHouse Foods' balance sheet health.

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