Flowers Foods: Q3 Earnings Snapshot

THOMASVILLE, Ga. (AP) _ Flowers Foods Inc. (FLO) on Thursday reported third-quarter profit of $40.5 million.

On a per-share basis, the Thomasville, Georgia-based company said it had net income of 19 cents. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were 30 cents per share.

The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 28 cents per share.

The bakery goods company posted revenue of $1.16 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $1.14 billion.

Flowers Foods expects full-year earnings in the range of $1.25 to $1.30 per share, with revenue in the range of $4.81 billion to $4.85 billion.


This story was generated by Automated Insights ( using data from Zacks Investment Research. Access a Zacks stock report on FLO at