Hillshire Brands Earnings: Everything You Must Know Now

Hillshire Brands (NYSE:HSH) delivered a profit and beat Wall Street’s expectations, BUT came up short on beating the revenue expectation. The revenue miss is a negative sign to shareholders seeking high growth out of the company.

Hillshire Brands Earnings Cheat Sheet

Results: Adjusted Earnings Per Share decreased 75.7% to $0.26 in the quarter versus EPS of $1.07 in the year-earlier quarter.

Revenue: Decreased 152.6% to $962 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Hillshire Brands reported adjusted EPS income of $0.26 per share. By that measure, the company beat the mean analyst estimate of $0.25. It missed the average revenue estimate of $979.69 million.

Quoting Management: “In this pivotal transition year, we are pleased with the progress we made on our plans to deliver strong and sustainable shareholder returns. This affirms our confidence in the underlying business and enables us to return more cash to shareholders,” said Sean Connolly, president and chief executive officer of The Hillshire Brands Company.

Key Stats (on next page)…

Revenue increased 4.11% from $924 million in the previous quarter. EPS decreased 25.71% from $0.35 in the previous quarter.

Looking Forward: Analysts have a more negative outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has fallen from a profit of $0.44 to a profit $0.43. For the current year, the average estimate has moved down from a profit of $1.72 to a profit of $1.71 over the last ninety days.

Stocks with improving earnings metrics are worthy of your extra attention. In fact, “E = Earnings Are Increasing Quarter-Over-Quarter” is a core component of our CHEAT SHEET investing framework for this very reason. Don’t waste another minute – click here and get our CHEAT SHEET stock picks now.

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