Simply Good Foods (SMPL) Expected to Announce Earnings on Wednesday

Simply Good Foods (NASDAQ:SMPL) is projected to announce its earnings results 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 issued its quarterly earnings results on Wednesday, January 8th. The financial services provider reported $0.49 earnings per share for the quarter, topping the consensus estimate of $0.43 by $0.06. Simply Good Foods had a return on equity of 10.25% and a net margin of 10.40%. The firm had revenue of $341.30 million for the quarter, compared to the consensus estimate of $347.32 million. During the same period in the prior year, the business posted $0.43 earnings per share. The company’s revenue for the quarter was up 10.6% on a year-over-year basis. 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 Price Performance

SMPL opened at $33.85 on Monday. The business has a fifty day moving average of $36.14 and a 200 day moving average of $36.28. The stock has a market cap of $3.42 billion, a P/E ratio of 24.01, a PEG ratio of 3.23 and a beta of 0.63. 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 $31.25 and a 52-week high of $40.53.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on SMPL. Morgan Stanley initiated coverage on shares of Simply Good Foods in a research note on Monday, March 24th. They set an “equal weight” rating and a $36.00 target price for the company. Mizuho decreased their price objective on shares of 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 analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target 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.