These positive earnings estimate revisions suggest that analysts are becoming more optimistic on POST’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Post Holdings could be a solid choice for investors.
Current Quarter Estimates for POST
In the past 30 days, none of the estimates have gone higher or lower for Post Holdings. The trend has been pretty favorable too, with estimates narrowing from a loss of 18 cents a share 30 days ago, to a loss of 17 cents today.
Current Year Estimates for POST
Meanwhile, Post Holdings current year figures are also looking quite promising, with 1 estimate moving higher in the past month, compared to no downward revision. The consensus estimate trend has also seen a boost for this time frame, increasing from 58 cents per share 30 days ago to 69 cents per share today, an increase of 18.9%
Bottom Line
The stock has also started to move higher lately, adding 15.8% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So investors may definitely want to consider this Zacks Rank #3 (Hold) stock to profit in the near future.
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