B&G Foods Inc. (BGS) reported fourth quarter adjusted net income of $0.32 per share after the bell Thursday, compared to $0.30 per share last year. The consensus estimate was for EPS of $0.39.
B&G Foods gapped open lower Friday and pulled back in early trade, before settling into a range. The stock closed down by 2.20 at $30.04, with volume at a 4-month high. B&G Foods fell to over a one-month low and dropped below its 50-day moving average.
by RTT Staff Writer
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