NYSE$POST

Post holdings · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Reported results for the fourth quarter and fiscal year 2020.

Post Holdings reported a decrease in net sales for the fourth quarter, offset by growth in BellRing Brands, Weetabix and Refrigerated Retail. The company's operating profit and net earnings increased significantly compared to the prior year period, driven by the absence of non-cash goodwill and other intangible asset impairments. However, Adjusted EBITDA decreased due to challenges in the Foodservice segment.

  • Fourth quarter net sales reached $1.4 billion, while operating profit was $178.9 million and net earnings were $57.0 million.
  • Fiscal year net sales amounted to $5.7 billion, with an operating profit of $700.5 million and net earnings of $0.8 million.
  • The company generated $625.6 million in cash from operations during fiscal year 2020.
  • Post repurchased 1.5 million shares of its common stock for $125.5 million during the fourth quarter.

Headline financials

Total Revenue

$1.41B

Previous: $1.44B-2.2%
EPS (adj)

$0.58

Previous: $1.39-58.3%
Net Income

$57M

Previous: -$61.1M+193.3%
Operating Income

$179M

Previous: $103M+74.4%
Gross Profit

$440M

Previous: $452M-2.6%
Cash & Equivalents

$1.19B

Previous: $1.05B+13.1%
Total Assets

$12.1B

Previous: $12B+1.6%
Stock-Based Comp

$12.5M

Previous: $10.5M+19.0%

Revenue & EPS history

Post · Revenue · Quarterly

$1.41B

Q4 2020-2.2%vs Q4 2019
Beat estimate in 8 of 16 quarters(50%)
ActualEstimate

Revenue by segment

Post · $1.13B total across 4 segments · Q4 2020

  • Post Consumer Brands
    $472M
  • Foodservice
    $321M
  • Refrigerated Retail
    $223M
  • Weetabix
    $114M

Forward guidance

Under the assumption the COVID-19 pandemic persists through Post’s second quarter, Post management expects Adjusted EBITDA for the first half of fiscal year 2021 to be between $520-$550 million and is expected to favor the first quarter. Post management expects Post’s fiscal year 2021 capital expenditures to range between $225-$250 million, including approximately $4 million attributable to BellRing.

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 Q4 2020

Historical avgQ4 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%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro