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BRIEF-Post Holdings Reports Q1 Adjusted EPS $0.72

· 02/04/2021 18:16
BRIEF-Post Holdings Reports Q1 Adjusted EPS $0.72

- Post Holdings Inc POST.N:

  • POST HOLDINGS REPORTS RESULTS FOR THE FIRST QUARTER OF FISCAL YEAR 2021

  • Q1 ADJUSTED EARNINGS PER SHARE $0.72

  • Q1 SALES $1.5 BILLION VERSUS REFINITIV IBES ESTIMATE OF $1.42 BILLION

  • Q1 EARNINGS PER SHARE $1.21

  • Q1 EARNINGS PER SHARE ESTIMATE $0.71 -- REFINITIV IBES DATA

  • AS OF DECEMBER 31, 2020, POST HAD APPROXIMATELY $1.1 BILLION IN CASH AND CASH EQUIVALENTS ON HAND

  • AVAILABLE BORROWING CAPACITY UNDER REVOLVING CREDIT FACILITY WAS $730.6 MILLION AS OF DECEMBER 31, 2020

  • REAFFIRMED EXPECTATION OF ADJUSTED EBITDA FOR FIRST HALF OF FISCAL YEAR 2021 TO BE BETWEEN $520-$550 MILLION

  • POST HOLDINGS - CONTINUES TO EXPECT FY 2021 CAPITAL EXPENDITURES TO RANGE BETWEEN $225-$250 MILLION, INCLUDING ABOUT $4 MILLION ATTRIBUTABLE TO BELLRING

  • POST HOLDINGS - FOR FY 2021, BELLRING MANAGEMENT CONTINUES TO EXPECT NET SALES, ADJUSTED EBITDA TO GROW 8%-13% AND 5%-10%, RESPECTIVELY, OVER FY 2020

  • POST HOLDINGS - FOR FISCAL YEAR 2021, BELLRING MANAGEMENT CONTINUES TO EXPECT CAPITAL EXPENDITURES OF APPROXIMATELY $4 MILLION.

Source text for Eikon: ID:nGNX427vck

Further company coverage: POST.N


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