Post Holdings Up 6.6% Despite Lower Than Expected Profit

Post Holdings Inc POST is trading higher on the session followings its Q2 earnings announcement yesterday. The company reported an EPS of of $0.39 vs $0.48 estimate and revenues of $250.5M vs $254.0M estimate. Post Holdings also said it sees 2012 EBITDA of $200-$210 million. Post Holdings is the parent company of Post Foods. The Company is a manufacturer, marketer and distributor of branded ready-to-eat cereals in the United States and Canada. Post Holdings is currently trading at $29.85, a gain of $1.85 or 6.61%.