Flowers Foods (NYSE:FLO) reported its Q2 earnings results on Thursday, August 11, 2022 at 04:00 PM.

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

Earnings

Flowers Foods beat estimated earnings by 14.81%, reporting an EPS of $0.31 versus an estimate of $0.27.

Revenue was up $112.00 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 5.49% increase in the share price the next day.

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

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Guidance

Flowers Foods management provided guidance for FY 2022, expecting earnings between $1.25 and $1.3 per share.

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

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