logo
Share SHARE
FONT-SIZE Plus   Neg

B&G Foods Q1 Profit Rises

B&G Foods, Inc. (BGS) reported first-quarter net income of $16.78 million or $0.35 per share, compared to $13.31 million or $0.27 per share in the year-ago quarter.

On average, four analysts polled by Thomson Reuters expected the company to earn $0.35 per share. Analysts' estimates typically exclude special items.

Net sales for the first quarter increased to $157.34 million from $131.41 million in the comparable quarter last year, while three analysts expected revenue of $159.30 million for the quarter.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Delta Air Lines Inc. (DAL) pilots, represented by the Air Line Pilots Association International, are picketing on Friday at several airports across the country. The pilots said the picketing was to raise the sense of urgency in ongoing contract negotiations. The negotiations between the pilots... Charter Communications, and its recently acquired subsidiary Time Warner Cable, have been regularly overcharging its consumers to a tune of $7.2 million per year, according to a report from the U.S. Senate's Permanent Subcommittee on Investigations. According to the report, Time Warner Cable over-billed... Popular photo sharing network Instagram is adding a new translation button on its pages, so that the global crowd can read and enjoy the captions and comments given for the photographs uploaded. The new update will be available from next month onward.
comments powered by Disqus
Follow RTT