B&G Foods, Inc. B&G Foods, Inc. (BGS) Social Stream
Featured Post From StockTwits About BGS
$BGS This is taken from 04/29/2016. It's uncanny how similar the results are for the upcoming ER. This caused a 1 day price jump from $33 to $41.Thinking101, published July 2, 2020
"What: Shares of B&G Foods (NYSE:BGS) were flying higher today, up 19.3% as of 11:59 a.m. ET, after delivering a strong earnings report.
So what: The packaged-food maker crushed earnings estimates, posting a per-share profit of $0.65 against expectations of $0.51. Revenue jumped 62.6% with the help of recent acquisitions of Mama Mary's and Green Giant brands to $353 million, but that was short of the consensus at $360 million.
Now what: With the acquisition of Green Giant and a 62% increase in revenue... As a result of the strong quarter, management raised its guidance to revenue of $1.39-$1.42 billion, and EPS of $2.05-$2.15, better than analyst estimates of $1.95. "
Just 3 months later BGS was at All Time High of $50.
Here we go again?