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
Everyone knows that the Federal Reserve will raise interest rates next Wednesday at the conclusion of its two-day policy meeting. After all, Fed speakers have been jawboning a rate hike over the past few weeks. With the markets reacting with eerie calm to Donald Trump's win, policy makers have no... GOP strategist Karl Rove has criticized U.S. President-elect Donald Trump's comments on aircraft maker Boeing Co.'s contract for a new Air Force One plane, saying they were inaccurate and de-stabled the stock of a major company. Air Force One is the official air plane for the U.S. President. Elon Musk's space transport company SpaceX has lost a satellite launch order from one of its customers due to the delay in its rocket launch schedule after one of its rockets exploded in September.
comments powered by Disqus
Follow RTT