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Why Simply Good Foods (SMPL) is Poised to Beat Earnings Estimates Again
ZACKSยท 2025-06-24 17:10
Core Viewpoint - Simply Good Foods (SMPL) has consistently surpassed earnings estimates and is well-positioned for future earnings reports, making it a strong candidate for investors in the Zacks Food - Confectionery industry [1]. Earnings Performance - In the last reported quarter, Simply Good Foods achieved earnings of $0.46 per share, exceeding the Zacks Consensus Estimate of $0.39 per share by 17.95% [2]. - In the previous quarter, the company was expected to post earnings of $0.46 per share but delivered $0.49 per share, resulting in a surprise of 6.52% [2]. Earnings Estimates and Predictions - Recent estimates for Simply Good Foods have been increasing, with a positive Earnings ESP (Expected Surprise Prediction) indicating a strong likelihood of an earnings beat [5]. - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have historically produced positive surprises nearly 70% of the time [6]. Earnings ESP Analysis - Simply Good Foods currently has an Earnings ESP of +0.79%, suggesting that analysts are optimistic about the company's earnings prospects [8]. - The next earnings report for the company is expected to be released on July 10, 2025 [8].