Post Holdings: Fiscal 3Q Earnings Snapshot

August 3, 2018

ST. LOUIS (AP) _ Post Holdings Inc. (POST) on Thursday reported fiscal third-quarter net income of $96.5 million, after reporting a loss in the same period a year earlier.

The St. Louis-based company said it had net income of $1.29 per share. Earnings, adjusted for one-time gains and costs, came to $1.06 per share.

The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.13 per share.

The cereal maker posted revenue of $1.61 billion in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $1.57 billion.

Post Holdings shares have risen slightly more than 9 percent since the beginning of the year. The stock has climbed 3.5 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on POST at https://www.zacks.com/ap/POST

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