Recap: B&G Foods Q3 Earnings

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B&G Foods BGS reported its Q3 earnings results on Wednesday, November 8, 2023 at 04:06 PM.

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

Earnings

B&G Foods beat estimated earnings by 17.39%, reporting an EPS of $0.27 versus an estimate of $0.23.

Revenue was down $25.66 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.06 which was followed by a 8.06% increase in the share price the next day.

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

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.09 0.26 0.22 0.31
EPS Actual 0.15 0.27 0.40 0.31
Revenue Estimate 465.64M 527.48M 583.90M 533.20M
Revenue Actual 469.64M 511.81M 623.23M 528.40M

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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