Flowers Foods: Here’s What Investors Need to Know Before Earnings

Flowers Foods (NYSE:FLO) will report earnings before markets open on Thursday, May 16th. Flowers Foods, Inc. produces and markets packaged bakery foods for retail and foodservice customers. The Company offers fresh packaged and frozen bakery products as well as pastries, doughnuts and bakery snack products.

Here is your Cheat Sheet to Flowers Foods Earnings:

Earnings Expectations: Analysts expect earnings of $0.42 per share on revenues of $1.09 billion. Currently, the company’s P/E ratio stands at 33.08.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.29 to a profit $0.32. For the current year, the average estimate is a profit of $1.36, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Flowers Foods has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 2,415 2,601 2,574 2,773 3,046
Diluted EPS ($) 0.8533 0.94 0.99 0.90 0.98

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 653.57 898.21 681.56 717.28 749.44
Diluted EPS ($) 0.1682 0.28 0.21 0.22 0.2765

Past Performance:
Flowers Foods has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at]