What To Expect From TreeHouse Foods’s (THS) Q3 Earnings

Core Insights - TreeHouse Foods is set to report earnings on Monday, with analysts expecting a revenue growth of 1.2% year on year to $849.3 million, a recovery from a 2.8% decline in the same quarter last year [2] - The company previously reported revenues of $801.4 million, exceeding analysts' expectations by 1.7%, and showing a year-on-year increase of 1.6% [1] - Analysts have generally reaffirmed their estimates for TreeHouse Foods over the last 30 days, indicating confidence in the company's performance heading into earnings [3] Financial Performance - Last quarter, TreeHouse Foods beat analysts' EPS estimates and EBITDA estimates, indicating a strong performance [1] - Adjusted earnings for the upcoming quarter are expected to be $0.56 per share [2] - The company has missed Wall Street's revenue estimates four times in the past two years, highlighting a potential risk in meeting future expectations [3] Market Context - In comparison to peers in the shelf-stable food segment, SunOpta reported a year-on-year revenue growth of 16.6%, while Lamb Weston reported flat revenue [4] - The shelf-stable food sector has generally underperformed, with average share prices down 4.7% over the last month, and TreeHouse Foods specifically down 3.6% during the same period [5] - The average analyst price target for TreeHouse Foods is $21.06, compared to its current share price of $19.05, suggesting potential upside [5]