February 9, 2017 / 12:19 PM / 6 months ago

BRIEF-Treehouse Foods posts Q4 adjusted earnings per share $1.14

Feb 9 (Reuters) - Treehouse Foods Inc

* Treehouse Foods, Inc. reports fourth quarter 2016 results and provides outlook for 2017

* Q4 adjusted earnings per share $1.14

* Q4 GAAP loss per share $4.96

* Q4 sales $1.777 billion versus I/B/E/S view $1.73 billion

* Q4 earnings per share view $1.09 -- Thomson Reuters I/B/E/S

* Sees FY 2017 earnings per share $3.50 to $3.70

* Sees Q4 sales $1.8 billion

* Sees Q4 sales up 105.3 percent

* Treehouse Foods Inc- for FY 2017, net interest expense is expected to increase to $123 to $127 million

* Treehouse Foods Inc - net sales are expected to increase in 2017 to approximately $6.4-$6.6 billion

* Treehouse Foods Inc- in 2017, company believes overall food industry will continue to face volatility and overall top line growth for industry will be relatively flat

* Treehouse Foods Inc sees 2017 gross margin is expected to be in a range of 19.5 pct to 20.5 pct

* Treehouse Foods Inc - sees 2017 gross margin is expected to be in a range of 19.5 pct to 20.5 pct

* FY2017 earnings per share view $3.62, revenue view $6.43 billion -- Thomson Reuters I/B/E/S

* Net interest expense is expected to increase to $123 to $127 million in 2017

* Sees Q1 2017 earnings per share $0.60 to $0.70

* Q1 earnings per share view $0.62 -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below