Recap: B&G Foods Q1 Earnings

B&G Foods BGS reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.

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

Earnings

B&G Foods beat estimated earnings by 3.85%, reporting an EPS of $0.27 versus an estimate of $0.26.

Revenue was down $20.59 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.18 which was followed by a 28.49% increase in the share price the next day.

Here's a look at B&G Foods's past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.22 0.31 0.27 0.39
EPS Actual 0.40 0.31 0.07 0.34
Revenue Estimate 583.90M 533.20M 482.26M 512.89M
Revenue Actual 623.23M 528.40M 478.96M 532.41M

To track all earnings releases for B&G Foods visit their earnings calendar here.

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

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BGSB&G Foods Inc
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