In This Article:
TreeHouse Foods (NYSE:THS) Third Quarter 2024 Results
Key Financial Results
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Revenue: US$839.1m (down 2.8% from 3Q 2023).
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Net loss: US$3.40m (down by 135% from US$9.80m profit in 3Q 2023).
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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 earnings are important, another area to consider is the balance sheet. See our latest analysis on TreeHouse Foods' balance sheet health.
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