Simply Good Foods (SMPL) to Release Earnings on Wednesday

Simply Good Foods (NASDAQ:SMPL) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, April 9th. Analysts expect the company to announce earnings of $0.39 per share and revenue of $354.50 million for the quarter. Simply Good Foods has set its FY 2025 guidance at EPS.

Simply Good Foods (NASDAQ:SMPL) last announced its quarterly earnings results on Wednesday, January 8th. The financial services provider reported $0.49 EPS for the quarter, beating the consensus estimate of $0.43 by $0.06. The firm had revenue of $341.30 million for the quarter, compared to analyst estimates of $347.32 million. Simply Good Foods had a return on equity of 10.25% and a net margin of 10.40%. The business’s revenue for the quarter was up 10.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.43 earnings per share. On average, analysts expect Simply Good Foods to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Simply Good Foods Stock Performance

Shares of NASDAQ:SMPL opened at $34.82 on Wednesday. The company has a market capitalization of $3.52 billion, a price-to-earnings ratio of 24.70, a price-to-earnings-growth ratio of 3.23 and a beta of 0.65. The company has a quick ratio of 2.75, a current ratio of 4.23 and a debt-to-equity ratio of 0.20. Simply Good Foods has a 52 week low of $30.00 and a 52 week high of $40.53. The firm has a 50 day moving average of $36.32 and a 200 day moving average of $36.27.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on SMPL. Morgan Stanley assumed coverage on shares of Simply Good Foods in a research report on Monday, March 24th. They issued an “equal weight” rating and a $36.00 price objective for the company. Mizuho decreased their price objective on Simply Good Foods from $48.00 to $45.00 and set an “outperform” rating for the company in a report on Friday, January 10th. Four investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, Simply Good Foods presently has an average rating of “Moderate Buy” and a consensus target price of $39.56.

Simply Good Foods Company Profile

The Simply Good Foods Company operates as a consumer-packaged food and beverage company in North America and internationally. The company develops, markets, and sells snacks and meal replacements. It offers protein bars, ready-to-drink shakes, sweet and salty snacks, cookies, protein chips, and recipes under the Atkins and Quest brand names.