Treehouse Foods Misses Q4 Estimates But Stock Jumps: What's Driving The Surge?
Treehouse Foods, Inc. (NYSE:THS) shares are trading higher on Friday. The company reported fourth-quarter adjusted earnings per share of 95 cents, missing the street view of 97 cents. Quarterly revenues of $905.70 million (down 0.6% year over year), missed the analyst consensus estimate of 907.716 million. “We closed a challenging 2024 with sequentially improved net sales trends, gross profit margin, and Adjusted EBITDA margin, all of which were in-line with our updated expectations,” said Steve