NYSE$POST

Post holdings · Q3 2020 earnings

Q3 2020 earnings · · Investor relations

Briefing

Reported results for the third quarter of fiscal year 2020.

Post Holdings reported a decrease in net sales by 7.1% to $1.3 billion, with operating profit decreasing by 13.2% to $172.1 million. Net earnings increased by 122.2% to $36.0 million, while Adjusted EBITDA decreased by 14.1% to $270.9 million.

  • Net sales reached $1.3 billion.
  • Operating profit was $172.1 million, with net earnings at $36.0 million and Adjusted EBITDA at $270.9 million.
  • A new $400 million share repurchase authorization was announced.
  • Cash from operations generated $319.4 million.

Headline financials

Total Revenue

$1.34B

Previous: $1.44B-7.1%
EPS (adj)

$0.75

Previous: $1.19-37.0%
Free Cash Flow

$36M

Previous: $16.2M+122.2%
Net Income

$36M

Previous: $16.2M+122.2%
Operating Income

$172M

Previous: $198M-13.2%
Gross Profit

$437M

Previous: $462M-5.5%
Cash & Equivalents

$1.04B

Previous: $365M+186.2%
Total Assets

$11.9B

Previous: $11.4B+4.6%
Stock-Based Comp

$12.5M

Previous: $10.3M+21.4%

Revenue & EPS history

Post · Revenue · Quarterly

$1.34B

Q3 2020-7.1%vs Q3 2019
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Post · $1.13B total across 4 segments · Q3 2020

  • Post Consumer Brands
    $528M+11.4%
  • Refrigerated Retail
    $250M+20.9%
  • Foodservice
    $242M-41.3%
  • Weetabix
    $112M+3.1%

Forward guidance

Post expects Adjusted EBITDA in the fourth quarter of fiscal year 2020 to be similar in the aggregate to the third quarter of fiscal year 2020, with potentially significant changes in composition across Post’s segments. BellRing management has reaffirmed its fiscal year 2020 Adjusted EBITDA range of between $192-$202 million and now expects net sales to range between $960-$980 million.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2020

Historical avgQ3 2020

+0.4%

Avg return

Earnings day

+1.3%

Avg return

5 days after

+2.0%

Avg return

30 days after

52%

32 / 62 earnings

Positive

+12.3%

Q1 2016

Best reaction

-17.4%

Q3 2014

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-1.0%+1.3%-12.1%
Q1 2026+9.8%+6.2%+1.1%
Q4 2025-9.6%-4.0%-5.8%
Q2 2025+0.3%-2.3%-1.3%
Q1 2025+6.3%+5.5%+10.4%
Q4 2024-3.0%+0.8%+7.0%
Q3 2024+4.0%+2.2%+5.9%
Q2 2024-2.1%+0.6%+1.7%
Q1 2024+8.8%+12.3%+12.3%
Q4 2023-1.5%-0.1%+3.9%
Q3 2023+3.0%+3.5%+4.8%
Q2 2023+0.1%-1.8%-4.1%
Q1 2023+0.2%-0.8%-3.5%
Q4 2022-0.7%+4.8%+1.4%
Q3 2022+1.5%+1.8%-1.1%
Q2 2022+6.7%+3.9%+6.5%
Q1 2022-1.7%+0.4%-2.3%
Q4 2021-4.4%-2.1%+0.0%
Q3 2021+8.8%+10.9%+11.2%
Q2 2021+1.8%+1.7%+1.4%
Q1 2021+2.0%+3.1%+9.7%
Q4 2020-6.8%-1.3%+1.8%
Q3 2020-2.8%-3.4%-2.8%
Q2 2020+2.2%+0.5%+3.7%
Q1 2020-2.9%-0.2%-5.2%
Q4 2019-4.6%+0.1%+3.3%
Q3 2019-4.4%-8.1%-7.0%
Q2 2019-7.8%-5.6%-6.0%
Q1 2019+5.3%+4.6%+11.4%
Q4 2018+4.8%+0.1%+0.0%
Q3 2018+9.9%+12.7%+14.2%
Q2 2018+3.4%+1.1%+2.1%
Q1 2018-1.7%-2.3%+2.6%
Q4 2017+2.1%+0.6%-1.6%
Q3 2017+2.8%+1.8%+2.9%
Q2 2017-3.8%-0.6%+1.9%
Q1 2017+2.0%+1.2%+1.3%
Q4 2016-0.7%+2.5%+6.7%
Q3 2016-1.5%-2.3%+0.7%
Q2 2016+5.7%
Q1 2016+12.3%
Q4 2015+4.3%
Q3 2015+9.4%
Q2 2015+10.3%
Q1 2015+0.2%
Q4 2014+4.8%
Q3 2014-17.4%
Q2 2014-8.2%
Q1 2014-0.9%
Q4 2013+1.2%
Q3 2013-1.3%
Q2 2013-5.5%
Q1 2013-0.6%
Q4 2012-0.9%
Q4 2011+4.2%
Q4 2010-5.1%
Q3 2011-5.1%
Q2 2011-5.1%
Q3 2012-1.7%
Q2 2012-2.9%
Q1 2011+1.6%
Q1 2012+1.6%

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