Nomad Foods: Q1 Earnings Insights - Nomad Foods (NYSE:NOMD)

Nomad Foods NOMD reported its Q1 earnings results on Wednesday, May 11, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Nomad Foods beat estimated earnings by 20.0%, reporting an EPS of $0.48 versus an estimate of $0.4.

Revenue was down $30.35 million from the same period last year.

Last quarter the company beat on EPS by $0.02 which was followed by a 3.71% increase in the share price the next day.

Here's a look at Nomad Foods's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.36	0.35	0.38	0.47
EPS Actual	0.38	0.41	0.48	0.57
Revenue Estimate	800.53M	691.69M	708.38M	841.22M
Revenue Actual	805.24M	706.81M	717.70M	853.05M

To track all earnings releases for Nomad Foods visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.