Flowers Foods (NYSE:FLO) Releases Earnings Results, Beats Expectations By $0.01 EPS

Flowers Foods (NYSE:FLO - Get Free Report) announced its quarterly earnings results on Friday. The company reported $0.22 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.01, Zacks reports. Flowers Foods had a return on equity of 19.41% and a net margin of 4.70%. During the same period in the previous year, the firm earned $0.20 earnings per share. Flowers Foods updated its FY 2025 guidance to 1.180-1.280 EPS.

Flowers Foods Price Performance

FLO stock traded up $0.28 during mid-day trading on Tuesday, hitting $18.74. 2,229,696 shares of the stock were exchanged, compared to its average volume of 2,149,240. The company has a debt-to-equity ratio of 0.75, a current ratio of 1.24 and a quick ratio of 0.95. The business has a fifty day moving average price of $20.28 and a 200 day moving average price of $21.84. Flowers Foods has a 12 month low of $18.36 and a 12 month high of $26.12. The stock has a market capitalization of $3.95 billion, a price-to-earnings ratio of 16.44, a PEG ratio of 3.74 and a beta of 0.38.

Flowers Foods Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, December 13th. Shareholders of record on Friday, November 29th were paid a dividend of $0.24 per share. This represents a $0.96 annualized dividend and a yield of 5.12%. The ex-dividend date of this dividend was Friday, November 29th. Flowers Foods's dividend payout ratio (DPR) is currently 84.21%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. StockNews.com lowered Flowers Foods from a "strong-buy" rating to a "buy" rating in a research note on Friday, December 20th. DA Davidson dropped their price objective on Flowers Foods from $24.00 to $21.00 and set a "neutral" rating for the company in a research note on Monday. Finally, Truist Financial dropped their price objective on Flowers Foods from $23.00 to $20.00 and set a "hold" rating for the company in a research note on Monday. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat, Flowers Foods currently has an average rating of "Hold" and an average target price of $21.00.

Flowers Foods Company Profile

Flowers Foods, Inc produces and markets packaged bakery food products in the United States. Its principal products include fresh breads, buns, rolls, snack items, bagels, English muffins, and tortillas, as well as frozen breads and rolls under the Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Mrs.